Embracer Group to acquire Crystal Dynamics, Eidos-Montreal and more for $300 million

The Embracer Group announced its latest acquisition and it’s another big one. Making a deal with Square Enix for $300 million, this leads to them acquiring Crystal Dynamics, Eidos-Montréal and Square Enix Montréal.

Sharing the news in a press release, this acquisition also includes intellectual property rights to several major franchises, including Tomb Raider, Deus Ex, Thief, Legacy of Kain, and “more than 50 back-catalog games from Square Enix Holdings.” It’s a surprisingly low amount given what’s on offer here, though Square Enix has often expressed disappointment with western game sales.

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