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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.
Embracer Group CEO Lars Wingefors has seen what Crystal Dynamics and Eidos Montreal are working on, say it's 'very interesting'
Embracer Group reached to an agreement with Square Enix to acquire three western studios and a big number of IP rights for $300 million.
Square Enix Sells Three Western Studios and Titles Such As 'Tomb Raider,' 'Deus Ex': Acquired for $300 million USD by Swedish gaming group Embracer.
Modern Deus Ex and Tomb Raider games actually sold millions and millions of copies, new developer sales figure data reveals.