Embracer buys Crystal Dynamics, Square Enix Montreal and Eidos

European holding company Embracer Group has announced its acquisition Eidos Montreal, Square Enix Montreal and Crystal Dynamics $ 300 million, with all associated intellectual property.

The company adds to its list of successful IPs Tomb Raider, Deuce X, Thief and Legacy of Cain, To name a few for about fifty different brands owned by three companies. The acquisition will cover all the offices of the aforementioned studios for eight different offices worldwide and the acquisition of 1,100 employees, if completed as planned, will be completed by July and September 2022.

CEO of Adaptation Team He said he was interested in the acquisition, thus becoming the entertainment giant Three in-depth studies It has been producing hugely successful video games like Tomb Raider Saga for years. Since Eidos Montreal, Crystal Dynamics and Square Enix Montreal have been owned by Square Enix for more than a decade, it is unclear what prompted the Japanese company to exclude these important strategic assets.

Recently Adapted and purchased Perfect World, Spotfix Network, Dark Horse, DIGIC and Shiver Entertainment Except Gearbox release, Gearbox software And other companies in Europe and the United States with the aim of further expanding the number of studios operating under its division.

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Veronica Tucker

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