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Showing posts with the label Montreal for a fairly

Tomb Raider & Deus Ex at the ridiculous price: Square Enix sells studios

Square Enix sold the gaming studios Eidos, Crystal Dynamics and Square Enix Montreal for a fairly low price-and several game IPs such as Tomb Raider and Deus Ex. For only $ 300 million, Square Enix sold the studios Eidos, Crystal Dynamics and Square Enix Montreal to the Embracer Group (source: Embracer). If the name does not tell you: Embracer Group is a Swedish group that has been buying game and entertainment companies for years. Among other things, you will find Gearbox Software (Half-Life), Aspyr (Knight of the Old Republic, Star Wars Jedi Knights), Warhorse Studios (Kingdom Come: Deliverance), Piranha Bytes (Elex, Ris, Gothic) and more studios under the patronage The Embracer Group. And why did Square Enix pass these brands and studios so cheaply? As can be seen from a contract for the negotiations, Square Enix wants to invest the money in promising businesses such as blockchain, artificial intelligence and cloud . What does it mean when Tomb Raider and Deus Ex change ...