Square Enix has sold Crystal Dynamics, Eidos Montreal and their respective intellectual properties to Embracer Group, but because? Analyst Daniel Ahmad briefly explained the reasons for the sensational operation.
The acquisition by the Embracer Group of these important assets, says Ahmad, is linked to the fact that for several years now the Western studios of Square Enix they have not obtained appreciable resultsbecoming the protagonists of performances below expectations.
While these situations occurred on the western front, i Square Enix’s Japanese teams instead they recorded one substantial growthincluding for mobile productions and MMOs.
The Japanese publisher was therefore already for some time looking for a buyer for Crystal Dynamics, Eidos Montreal, Square Enix Montreal and related franchises, and found it in the Embracer Group, which guaranteed immediate payment.
Yes, this probably means that too Sony And Microsoft they were aware of the situation but for some reason they did not want to spend just $ 300 million to secure exclusives from the likes of Tomb Raider, Deus Ex and Legacy of Kain.