Tomb Raider and Deus Ex have a new home as Embracer confirms deal completion

Luke Albigés - August 26th 2022

Embracer Group has announced that its acquisition of Crystal Dynamics, Eidos Montréal, Square Enix Montréal, and more than 50 games and IPs including Tomb Raider, Deus Ex, and Thief has now completed.

Embracer revealed back in May that it would be entering into a $300 million deal with Square Enix that would see it pick up most of Square's western portfolio of studios and IPs, including heavy hitters like Tomb Raider and Deus Ex as well as dozens of other legacy games and brands. Today, the publishing group confirmed that this deal has now been finalised.

Embracer now owns Tomb Raider and Deus Ex

A press release issued by Embracer states that "all conditions for the transaction, including regulatory approvals, have now been fulfilled and the transaction may be completed. Embracer has, therefore, today completed the acquisition," adding that "the companies will form the 12th operative group under the leadership of Phil Rogers and his management teams." Unfortunately, it gives no more information about the 50+ back-catalogue games and IPs that were included in the deal beyond mentions of the big ones — Tomb Raider, Deus Ex, Thief, and (wonderfully) Legacy of Kain — but we'll hopefully learn more in due course now that the deal is done... we'd love to know whether the likes of Sleeping Dogs or Murdered: Soul Suspect might be part of this bargain deal, but we'll just have to be patient. We'll also be interested to find out what this means for the future of Marvel's Avengers, although we do know that Square Enix has held onto a handful of its western franchises, including Just Cause, Life is Strange, and Outriders.

What do you reckon Embracer will do with this wealth of new brands and studios first? What hidden treasures might be in that intriguing bundle of 50-odd legacy games and IPs? Let us know what you think!