Embracer Group completes acquisition of Sq. Enix’s western studios

Embracer Group has now accomplished its acquisition of Sq. Enix’s western studios, particularly Crystal Dynamics, Eidos-Montréal, and Sq. Enix Montréal.

Again in Could, Sq. Enix bought off its western studios and IP (together with Tomb Raider and Deus Ex) to Embracer for simply $300m.

Now, three months later, the acquisition has been accomplished, in response to a press launch from Embracer.

It means Embracer now controls improvement studios Crystal Dynamics, Eidos-Montréal, Sq. Enix Montréal, and a listing of IPs together with Tomb Raider, Deus Ex, Thief, Legacy of Kain and greater than 50 back-catalogue video games.

Sq. Enix adopted the announcement in Could with plans to determine new studios and purchase others.

There have been additionally rumours of a brand new western studio, although this now appears prone to be a brand new identify for an present workplace.

Embracer, in the meantime, is about to purchase Center-earth Enterprises and the rights to JRR Tolkien’s The Lord of the Rings and The Hobbit.

Its share worth, nevertheless, has dropped following poor opinions for its current Saints Row recreation.