Square Enix Sells Off Tomb Raider and Three Studios to Fu — message from NFT's & DeFi News
Square Enix Sells Off Tomb Raider and Three Studios to Fund NFT Games
Square Enix has been one of the loudest voices in support of blockchain and NFT-based games in the gaming industry, but now the publisher is really putting its money where its mouth is.
Embracer Group has agreed to pay $300 million to Square Enix to acquire properties such as Tomb Raider, Deus Ex, Legacy of Kain, and Thief, as well as game studios Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal. The three studios collectively employ nearly 1,100 people in total.Square Enix still has its long-running Final Fantasy, Dragon Quest, and Kingdom Hearts role-playing game franchises, along with newer IP like Life is Strange and Just Cause.