It's official: Embracer Group has acquired Crystal Dynamics, Eidos-Montreal, Square Enix Montreal and catalog IPs such as Tomb Rider and Deus Ex for $300 million

Back in early May, Embracer Group announced the acquisition of Crystal Dynamics, Eidos-Montreal, and Square Enix Montreal. Today the holding company also announced the successful closing of the agreement.

Here's What We Know

Swedish holding company Embracer announced that all conditions of the transaction, including regulatory approvals, have been met. Thus, Embracer completed the acquisition today. The holding company acquired the rights to a catalog of IPs, including Tomb Raider, Deus Ex, Thief, Legacy of Kain and others. And Eidos Montreal Studios, Crystal Dynamics and Square Enix Montreal became part of Embracer. The amount of the deal is $300 million.

We are happy to announce the completion of the acquisition of @CrystalDynamics, @EidosMontreal, & soon to be renamed @SquareEnixMtl! Companies will form the 12th task force behind leader Phil Rogers. A warm welcome to all new colleagues.https://t.co/9t5nHktjEo

- Embracer Group (@embracergroup) August 26, 2022

Embracer Group is a Swedish holding company focusing on product creation in the games and entertainment industry. The holding company develops and publishes projects for PC, consoles and mobile devices.

Source: embracer

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