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Embracer acquires Eidos, CD and SE Montreal for $300 million

Embracer Group entered agreement to acquire Eidos, Crystal Dynamics and Square Enix Montreal. This means existing IPs such as Tomb Raider, Deus Ex, Thief, Legacy of kain and more belong to embracer for 300 million dollars. Embracer’s press release states that the acquisition includes roughly 1 thousand 1 hundred employees across three studios and eight locations. The deal hasn’t gone through yet, and isn’t expected to close until Q2 of Embracer’s financial year 2022/23. Embracer will have a combined 124 internal studios, with more than 230 games in development.

Posted: 2nd May 2022
, embracer, square enix, eidos, crystal dynamics



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