• About Us
  • Contact Us
  • Cookie policy (EU)
  • Home
  • Privacy Policy
  • Video
  • Write for us
Today Headline
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
No Result
View All Result
TodayHeadline
No Result
View All Result

Embracer Group To Acquire Crystal Dynamics, Square Enix Montréal, Eidos-Montréal, Plus IPs For $300 Million – Nintendo Life

May 2, 2022
in News
0
Embracer Group To Acquire Crystal Dynamics, Square Enix Montréal, Eidos-Montréal, Plus IPs For $300 Million – Nintendo Life
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
TombRaiderTombRaider
Image: Square Enix

Embracer Group, the Swedish video game holding company and parent of Gearbox, Saber Interactive and THQ Nordic (among many others), has entered into an agreement to acquire several studios and a selection of IP from Square Enix.

Included in the deal are three studios — Crystal Dynamics, Square Enix Montréal, and Eidos-Montréal — plus a catalogue of IP and games including Tomb Raider, Deus Ex, Thief, Legacy of Kain and over 50 “back-catalogue” titles. The acquisition will include over 1,100 employees across the three studios, with the total purchase price totalling $300 million.

The news was put out via a press release from both companies. Embracer expects the deal “to close during the second quarter of Embracer’s financial year 22/23 (July-September 2022)”.

Square Enix states in its press release that “the Transaction enables the launch of new businesses by moving forward with investments in fields including blockchain, AI, and the cloud.” The Japanese company also says that it “will continue to publish franchises such as Just Cause, Outriders, and Life is Strange“.

SQUARE ENIX HOLDINGS CO., LTD. enters into an agreement with Embracer Group for the acquisition of Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, and IP.

Press Release: https://t.co/ooOYacp4PW pic.twitter.com/2PmQE967gk

— Square Enix (@SquareEnix) May 2, 2022

After closing this transaction, the US will be Embracer’s #1 country by number of game developers and Canada will be #2. In total, post pending closings, Embracer will have more than 14,000 employees, 10,000 engaged game developers, and 124 internal studios. Embracer’s upcoming content pipeline includes more than 230 games with more than 30 AAA games. This acquisition will bring additional scale to Embracer’s current AAA segment, and Embracer will have one of the largest pipelines of PC/Console games content across the industry, across all genres.

This is the latest in a series of high profile acquisitions in the video game industry, with Microsoft in the process of a $68.7 billion acquisition of Activision Blizzard, after picking up Bethesda and its IP in 2020.

Previous Post

Sydney man admits pushing gay American off a cliff in 1988 – Yahoo News

Next Post

Megan Fox and MGK Blood Drinking Ritual Draws Warning From Vampires – TMZ

Related Posts

Buffalo shooters previous threat raises red-flag questions – The Associated Press – en Español
News

Buffalo shooters previous threat raises red-flag questions – The Associated Press – en Español

https://apnews.com/article/red-flag-gun-laws-buffalo-supermarket-shooting-fecdd8a10f1a1e0f99ac5c4d17db145a

Read more
Britney Spears fiancé Sam Asghari opens up on fans support after miscarriage – Geo News
News

Britney Spears fiancé Sam Asghari opens up on fans support after miscarriage – Geo News

https://www.geo.tv/latest/417414-britney-spears-fianc-sam-asghari-opens-up-on-fans-support-after-miscarriage

Read more
Home Depots strong quarter shows housing market is still booming – CNN
News

Home Depots strong quarter shows housing market is still booming – CNN

https://www.cnn.com/2022/05/17/investing/housing-market-home-depot-earnings/index.html

Read more
Amber Heard testifies her role in Aquaman 2 was reduced after Johnny Depps attorney called her abuse claims a hoax – CNN
News

Amber Heard testifies her role in Aquaman 2 was reduced after Johnny Depps attorney called her abuse claims a hoax – CNN

https://www.cnn.com/2022/05/16/entertainment/johnny-depp-amber-heard/index.html

Read more
Billionaires Sent to Space Werent Expecting to Work So Hard on the ISS – Gizmodo
News

Billionaires Sent to Space Werent Expecting to Work So Hard on the ISS – Gizmodo

https://gizmodo.com/billionaires-iss-hard-work-1848932724

Read more
Load More
Next Post
Megan Fox and MGK Blood Drinking Ritual Draws Warning From Vampires – TMZ

Megan Fox and MGK Blood Drinking Ritual Draws Warning From Vampires - TMZ

  • Trending
  • Comments
  • Latest
The #1 Best Supplement to Keep Your Bones from Aging, Says Dietitian — Eat This Not That – Eat This, Not That

The #1 Best Supplement to Keep Your Bones from Aging, Says Dietitian — Eat This Not That – Eat This, Not That

Horror as goat gives birth to ‘humanoid kid’ with baby-like face

Vicky White news – latest: Recordings of jailhouse phone calls prove guard’s relationship with Casey White – The Independent

Vicky White news – latest: Recordings of jailhouse phone calls prove guard’s relationship with Casey White – The Independent

Six times actors really romped in sex scenes that make 365 DNI look tame

Six times actors really romped in sex scenes that make 365 DNI look tame

Techland Reveals Concept Art For New AAA Open-World Fantasy Action-RPG

Techland Reveals Concept Art For New AAA Open-World Fantasy Action-RPG

The Ghostly Sounds of Auroras Can Be Heard, Even When Theyre Invisible – ScienceAlert

The Ghostly Sounds of Auroras Can Be Heard, Even When Theyre Invisible – ScienceAlert

Peek-a-Boo Moon: Astronaut on Space Station Captures Spectacular Photos of the Lunar Eclipse – SciTechDaily

Peek-a-Boo Moon: Astronaut on Space Station Captures Spectacular Photos of the Lunar Eclipse – SciTechDaily

CRISPR Gene Editing Now Possible in Cockroaches – SciTechDaily

CRISPR Gene Editing Now Possible in Cockroaches – SciTechDaily

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

Techland Reveals Concept Art For New AAA Open-World Fantasy Action-RPG

Techland Reveals Concept Art For New AAA Open-World Fantasy Action-RPG

The Ghostly Sounds of Auroras Can Be Heard, Even When Theyre Invisible – ScienceAlert

The Ghostly Sounds of Auroras Can Be Heard, Even When Theyre Invisible – ScienceAlert

Techland Reveals Concept Art For New AAA Open-World Fantasy Action-RPG

Techland Reveals Concept Art For New AAA Open-World Fantasy Action-RPG

The Ghostly Sounds of Auroras Can Be Heard, Even When Theyre Invisible – ScienceAlert

The Ghostly Sounds of Auroras Can Be Heard, Even When Theyre Invisible – ScienceAlert

Peek-a-Boo Moon: Astronaut on Space Station Captures Spectacular Photos of the Lunar Eclipse – SciTechDaily

Peek-a-Boo Moon: Astronaut on Space Station Captures Spectacular Photos of the Lunar Eclipse – SciTechDaily

  • Real Estate
  • Education
  • Parenting
  • Cooking
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

No Result
View All Result
  • Real Estate
  • Education
  • Parenting
  • Cooking
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Posting....