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Embracer completes acquisition of Tomb Raider, Deus Ex and studios behind them

It has only been a few months since Square Enix announced that it was selling off multiple western studios and their IP to Embracer Group in a deal worth $300M. While some larger deals take a year or more to complete, this one was wrapped up pretty quickly, with Embracer announcing today that the deal …
Square Enix Phil Rogers Embracer Group Crystal Dynamics Eidos Montreal Tomb Raider

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Square Enix sells off western studios, Tomb Raider, Deus Ex and other IP for $300 million

It has been just over a year since we first learned that Square Enix was shopping itself around and looking to sell. As it turns out, Square Enix will be sticking around, but the Japanese publisher is essentially pulling out of western game development for now, selling off its major studios and IP, like Tomb Raider and Deus Ex.
Square Enix Embracer Group Tomb Raider Crystal Dynamics Eidos Montreal Square Enix Montreal

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