Wed. May 18th, 2022

Embracer Group has announced its latest acquisition and it’s another big one. Reaching a deal with Square Enix for $300 million leads to them acquiring Crystal Dynamics, Eidos-Montreal, and Square Enix Montreal.

Sharing the news in a press release, this acquisition also includes the intellectual property rights of several major franchises, including Tomb Raider, Deus Ex, Thief, Legacy of Kain and “more than 50 back-catalog games from Square Enix Holdings”. . That’s a surprisingly low amount considering what’s on offer here, although Square Enix has often expressed disappointment with Western game sales.

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