Embracer Group has entered into an agreement to acquire Crystal Dynamics, Eidos-Montréal, Square Enix Montréal (~1,100 employees) and a catalogue of IPs including Tomb Raider, Deus Ex, etc (total up $300M)

[Knottian (Daniel)]

Crossposting this from the Acquisitions OT:

Xbox Acquisition |OT5| Talking Exclusively About Xbox Acquisitions

Why is it that I always sleep late on a days like this? C’est la vie je suppose. Alright, a lot to unpack. First and foremost, I am a glass half-full kind of guy and it’s weird to see some of the doom and gloom about the deal already, as Embracer is quite literally the best possible outcome if Microsoft wasn’t going to acquire them. Embracer, for all their enigmatic practices thus far, have shunned console exclusives and have shown they are willing to invest in lesser-known IP and elevate those…