Square Enix is due to sell studios
Crystal Dynamics,
Eidos-Montreal, and
Square Enix Montreal to
Embracer Group for an estimated $300 million USD. The deal still needs regulatory approval, but once given, should be finalized sometime between July and September of this year.
This sale will mean Square Enix will no longer own the properties of
Tomb Raider,
Deus Ex,
Thief, and
Legacy of Kain, along with a back-catalogue of more than 50 games. Crystal Dynamics is already working on a new
Tomb Raider game.
Square Enix has said that this deal was made so they could invest in fields including blockchain, AI, and the cloud.
In unrelated news, Square Enix registered several new trademarks recently. These trademarks include
Fear Effect and
Relic Strike. The former was a game released by Eidos in 2000 for the original PlayStation, so there is speculation the series is about to be revived.
Other recent trademarks filed include
Valkyrie Profile and
Lenneth, which might indicate those games are to make their way to PS Plus Premium subscription.
Source:
The Verge,
PCMag,
MP1ST