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Showing posts with the label Embracer Group

Square Enix sells tons of brands and could prepare for takeover

Square Enix sells an entire catalog of game brands, including Tomb Raider, Deus Ex, Legacy of Kain and many others. The developer studios Crystal Dynamics, Eidos Montreal and Square Enix Montreal also change hands and from now on belong to the steadily growing gaming giants of the Embracer Group. The deal has not yet taken place, but it could serve as preparation that Square Enix should be bought up. Square Enix brands sold for surprisingly little money Square Enix might want to purify himself for takeover Square Enix brands sold for surprisingly little money According to Square Enix and the Embracer Group, the developer studios Crystal Dynamics, Eidos Montreal and Square Enix Montreal as well as all associated brands are to be sold for only $ 300 million. The sum looks surprisingly low for what changes the owner here. After all, the Embracer Group only spent $ 1.3 billion for Borderlands makers Gearbox. New Deus ex and Legacy of Kain? Of course, this will raise hope of some fan...