Important IPS such as Tomb Raider or Deus Ex, among others, are also included with this purchase by the Embracer group.
2022 could be cataloged as the year of acquisitions, the first being Microsoft with the purchase of Activision Blizzarda bomb that no one expected and that will mean an important injection of titles for the universe of games that the North American company is creating.
Later, Sony also surprised with the purchase of Bungiea studio that has always had close ties to Microsoft and counts early Halo games among its most epic creations.
But 2022 brings us more surprises and acquisitions, this time it comes from the hand of group of kisserswho announced a agreement to acquire Cystal Dynamics, Eidos Montreal and the Montreal division of Square Enix. Furthermore, the acquisition includes ownership of top tier IPS such as Tomb Raider, Deus Ex, Thief, Legacy of Klain and over 50 other titles.
The acquisition price for these studies was set at $300 millionit is estimated that the purchase will be executed between the months of July and September of this year.
The co-founder and CEO of Embracer Group, Lars Wingefors had the following to say about this acquisition:
“We are delighted to welcome these studios to the Embracer group. We recognize fantastic intellectual property, world-class creative talent and a track record of excellence that has been proven time and time again over the past decades. It was a great pleasure to meet the management teams and discuss future plans on how they can achieve their ambitions and become a big part of Embracer.
For his part, the CEO of Square Enix of America and Europe, Phil Rogers added:
“Embracer is gaming’s best-kept secret – a massive, decentralized collection of entrepreneurs that we’re thrilled to be a part of today. It’s the perfect fit for our ambitions: to make high-quality games, with people great, sustainably, and grow our existing franchises to their very best. Embracer allows us to forge new partnerships across all mediums to maximize the potential of our franchises and realize our dreams of creating extraordinary entertainment.
