Embracer Group acquires Crystal Dynamics and several Square Enix brands, including Tomb Raider

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the Embracer group has an agreement to buy Crystal Dynamics, Eidos-Montréal, Square Enix Montréal and most importantly a catalog of brands reaches† These brands include Tomb Raider, Deus Ex, Thief; Legacy of Kain and another 50 IPs. The purchase price is estimated at $300 million.

“We are very pleased to welcome these studios to the Embracer Group. We recognize the great brands, world-class creative talent and excellence that have been demonstrated time and again over the decades,” said Lars Wingefors, co-founder and Group CEO of Embracer Group.

“It was a great pleasure to meet the leadership teams and discuss future plans to realize their ambitions and become an important part of Embracer,” continued Wingefors. The Embracer Group is now one of the largest of its kind, having acquired Koch Media, Gearbox Entertainment and Tarsier Studios in recent years.

Analyst Daniel Ahmad calls the acquisition a “bargain”. It’s no surprise that Square Enix is ​​selling its studios. People have been looking for a buyer for the western studios for a long time. “The surprise is the price” like Ahmed

Pictures: Shadow of the Tomb RaiderSquare Enix, Eidos Montreal, Crystal Dynamics

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