Swedish recreation firm Embracer Group has simply made a blockbuster deal to amass Crystal Dynamics, Eidos-Montréal and Sq. Enix Montréal for what looks as if a cut price $300 million value, the corporate confirmed in a press release. The deal features a “catalogue of IPs together with Tomb Raider, Deus Ex, Thief, Legacy of Kain and greater than 50 back-catalogue video games from Sq. Enix Holdings,” it wrote. The transaction is topic to regulatory approval.
These studios characterize round 1,100 workers throughout eight world areas, the corporate famous. When the deal is finalized, Embracer could have 14,000 workers, 10,000 recreation builders and 124 inner studios. It has greater than 230 video games in improvement, with 30 of these being AAA titles. “This acquisition will convey extra scale to Embracer’s present AAA section, and Embracer could have one of many largest pipelines of PC/Console video games content material throughout the business, throughout all genres,” it mentioned.
As a part of the deal, Eidos Montreal plans to revive Deus Ex and use new Unreal Engine 5 know-how, the studio mentioned throughout the acquisition convention name, as Shack News reported. “Right now, we’re loopy individuals who have determined to revive the Deus Ex IP as our first recreation,” Eidos Montreal Studio Head David Anfossi mentioned. “A brand new crew, a really advanced manufacturing, a brand new tech, and a brand new studio, a simple problem.” Anfossi famous that Deus Ex console gross sales have exceeded 12 million models.
Final month, Crystal Dynamics introduced that it was growing a brand new Tomb Raider recreation, additionally based mostly on Unreal Engine 5, with plans to “push the envelope of constancy.” The studio additionally developed Marvel’s Avengers, amongst different titles. Eidos Montréal created Thief 4, Deus Ex Human Revolution, Shadow of the Tomb Raider and extra, and is “engaged on a number of AAA tasks together with each new releases from beloved franchises and authentic IP,” in response to the Embracer press launch.
As we detailed in a characteristic final yr, Embracer is maybe “the most important video games writer you’ve got by no means heard of,” based by Swedish entrepreneur Lars Wingefors. It made a string of acquisitions over the past couple of years, most importantly buying Saber Interactive for $525 million and Gearbox Software program for $1.3 billion.
It now personal fairly a listing of iconic franchises, notably within the basic class. On high of the newly acquired IP, it controls Saints Row, Goat Simulator, Lifeless Island, Metro, TimeSplitters, Borderlands, Darksiders, MX vs ATV, Kingdoms of Amalur, Passable, Wreckfest, Insurgency and World Conflict Z. For a few of these like TimeSplitters, the corporate has promised new titles from the unique builders.
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