Square Enix Sells Eidos Montreal to Embracer - SUCK IT SQUARE PENIX!!!!!!

Skitarii

Hacker on Steroids
True & Honest Fan
kiwifarms.net
Registrado
19 de Abr, 2022

Embracer Group has entered into an agreement to acquire Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, and a "catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain and more than 50 back-catalogue games from Square Enix Holdings" for $300 million.

Embracer shared the news in a press release, saying this acquisition includes roughly 1,100 employees across three studios and eight global locations. The deal, if it goes through, is expected to close during Q2 of Embracer's financial year 2022/2023.

”We are thrilled to welcome these studios into the Embracer Group. We recognize the fantastic IP, world class creative talent, and track record of excellence that have been demonstrated time and again over the past decades. It has been a great pleasure meeting the leadership teams and discussing future plans for how they can realize their ambitions and become a great part of Embracer,” says Lars Wingefors, Co-founder and Group CEO, Embracer Group.

”Embracer is the best kept secret in gaming: a massive, decentralized collection of entrepreneurs whom we are thrilled to become a part of today. It is the perfect fit for our ambitions: make high-quality games, with great people, sustainably, and grow our existing franchises to their best versions ever. Embracer allows us to forge new partnerships across all media to maximize our franchises’ potential and live our dreams of making extraordinary entertainment,” says Phil Rogers, Square Enix America and Europe CEO.

Once this deal goes through, Embracer will have more than 14,000 employees, 10,000 game developers, and 124 internal studios. It also confirmed it has more than 230 games in development at those studios, and more than 30 are AAA titles.

This news comes shortly after Crystal Dynamics announced it was developing a brand-new Tomb Raider game on Unreal Engine 5. No further details were given, but the team did say it was planning to "push the envelope of fidelity."

Crystal Dynamics is also the studio behind Marvel's Avengers and it has been helping Microsoft's The Initiative develop the new Perfect Dark game.

Eidos Montréal is the studio behind Thief 4, Deus Ex Human Revolution, Shadow of the Tomb Raider, and more, and it is "working on a host of AAA projects including both new releases from beloved franchises and original IP."

Square Enix Montréal is responsible for such games as Hitman GO, Tomb Raider GO, and Deus Ex GO, and it will continue to work in the mobile space building games based on AAA IP.

Embracer is no stranger to acquisitions, as it has been undergoing a rapid expansion over the past few years. Some of the other companies it has acquired/owns are Dark Horse Comics, 3D Realms, Ghost Ship Games, Gearbox, THQ Nordic, Saber Interactive, Koch Media, and many more.

20220429_145201.jpg
 
I'd love to see a remake/remaster of Legacy of Kain games.
No idea of who the fuck Embracer is though. If they are going to make Kain gay and Raziel black or something, then I'd rather those games stay dead.
 
I'd love to see a remake/remaster of Legacy of Kain games.
No idea of who the fuck Embracer is though. If they are going to make Kain gay and Raziel black or something, then I'd rather those games stay dead.
I think they also own THQ Nordic They used to be THQ Nordiq then rebranded as Embracer Group, so the chance for remastering is pretty good, I hope.
 
Square Enix always had bizarre high expectations for their western game releases and they we never satisfied. Between Tomb Raider 2013, Deus Ex Mankind Divided and Sleeping Dogs, Square could never be happy on a game with strong press and sales, it had to make its budget twentyfold. I feel like I'm passed getting emotionally invested in games and their behind the scenes drama but i could use a second Sleeping dogs real bad right now. I loved alpha and then beta testing that game, watching the rough edges get covered over time at a pace that makes today's live service titles seem lazy.
 
Another media holding company that's eating up smaller companies.
Everything that's big enough will sooner or later end up as part of these giants.
How much do you want to bet Eidos will be forced to make phone games from now on?
 
Industry "experts" are claiming the sale was because Square Enix has to focus on GaaS shit and that the industry needs to go in this direction.

So honestly...why do most GaaS games always end up underperforming save for a few? Isn't this just a sign of greed more than anything lol.
 
Atrás
Top Abajo