Although we recently talked about Square Enix being one of the studios that Sony could focus on in a future acquisition, it looks like someone would be ahead of it. And it’s a Japanese company has just announced its agreement with the Embracer Group (until 2019 better known as THQ Nordic), with which would say goodbye to his major Western studies: Crystal Dynamics, Eidos-Montreal and Square Enix Montreal, as well as all intellectual property associated with these studies.
Sales that include the release of great franchises such as Tomb Raider, Deus Ex, Thief or Legacy of Kain, in addition to more than 50 classic games. Although it also means the departure of some other planned deliveries such as Tomb Raider or Perfect Dark.
As the group itself shares, The deal is $ 300 million., added these three studies and their eight locations worldwide with a total of more than 1,100 employees. The agreement, which not only represents a great success for the Swedish group, but also puts the Embracer Group as a possible new competitor in the great battle between Microsoft and Sony in recent years. And as a result of manpower adjustments, Embracer will have more than 14,000 employees and 10,000 committed game developers. and a total of 124 associated studies.
Square Enix has already said that the proceeds from this purchase will not go to its video game development division, but intends to invest in new industries such as blockchain, artificial intelligence and cloud services.
