Embracer Group to acquire Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal

Three of Square Enix’s development studios will be acquired by holding company Embracer Group in a $300 million deal, as Embracer has announced in a press release. Phil Rogers, CEO of Square Enix America and Europe, was quoted as saying, “Embracer is the best kept secret in gaming: a massive, decentralized collection of entrepreneurs whom we are thrilled to become a part of today.”

The three studios to be acquired are Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal. Crystal Dynamics is currently working on a Tomb Raider game using Unreal Engine 5, while Eidos-Montréal were recently responsible for the surprisingly good Marvel’s Guardians of the Galaxy. Square Enix Montréal are known for mobile games, and created Hitman Go, Lara Croft Go, and Deus Ex Go. 

Source link