Tomb Raider, Deus Ex and IP studios led to a massive sale from Square Enix to Embracer Group

Square Enix sells Crystal Dynamics, Eidos-Montreal and Square Enix Montreal as well as attached IP including Tomb Raider, Deus Ex, Thief and Legacy of Kain to Embracer Group for $300 million.

It is noteworthy that the file Newly announced Tomb Raider game running with Unreal Engine 5 Already included in the sale of Crystal Dynamics. The acquisition also includes more than 50 games from the collective back catalog of outside Square Enix studios.

Embracer Group says it “sees an opportunity to invest” in Tomb Raider and Deus Ex in particular “as well as additional IPs acquired such as Legacy of Kain, Thief and other original franchises.” The company explained that mobile phone specialist Square Enix Montreal, known to its affiliates Hitman Go and Lara Croft Go, “will continue to develop and play unforgettable mobile games based on AAA IP.”

(Image credit: Square Enix)

A joint statement between Crystal Dynamics and Eidos-Montreal on Twitter “The Embracer Group will help push us to great new heights as we continue to deliver exciting experiences from our beloved franchises as well as original concepts and IP addresses developed with partners,” he says.

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