Square Enix sells studios behind Tomb Raider, Deus Ex and other big game franchises

- Sq. Enix has bought Crystal Dynamics, Eidos Montreal and Sq. Enix Montreal in a deal value round $300 million.

The brand new house owners, Embracer Group, will even take management of a number of main recreation franchises, together with Tomb Raider, Deus Ex, Thief and Legacy of Kain. It's thought Sq.'s Marvel video games - The Avengers and Guadrians of the Galaxy - are included too, however require permission by the unique licence holder (Marvel).

As well as, greater than 50 different again catalogue titles are a part of the deal.

Sq. Enix will nonetheless publish its conventional fare, such because the Closing Fantasy and Kingdom Hearts sequence, plus some western video games, like Outriders, Simply Trigger and Life is Unusual.

Nonetheless, it additionally plans to make use of the additional funds to broaden its operations in blockchain, synthetic intelligence and the cloud.

Embracer Group, then again, has been extraordinarily lively in the case of acquisitions currently. Already the proprietor of a number of manufacturers, together with Koch Media (together with Deep Silver) and THQ Nordic. it additionally purchased the studio behind Borderlands, Gearbox, comics firm Darkish Horse Media, and board recreation agency Asmodee final yr.

It is studio rely already topped the 100 mark earlier than the acquisition of Crystal Dynamics and the opposite Sq. Enix belongings.

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