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BREAKDOWN ON WHY SQUARE ENIX SOLD TOMB RAIDER

Senior Analyst at MST Financial David Gibson provides a breakdown of an internal Square Enix conference call regarding their financial results and the reasoning behind the sale of Eidos and Crystal Dynamics to Embracer Group. The transaction is due to complete by September.

Last Updated: Aug 5, 2022

SQUARE ENIX FINANCIAL RESULTS ENDED 30 JUNE 2022

Square Enix has announced consolidated financial results for the three-month period ended 30 June, 2022. The Japanese publisher has agreed to sell Eidos, Crystal Dynamics and Square Enix Montreal and a catalogue of IPs including Tomb Raider to Embracer Group for 300 million USD with the transaction set to complete during the second quarter of Embracer's financial year 22/23 (July-September 2022).

Last Updated: Aug 4, 2022

CRYSTAL DYNAMICS RELEASES 30TH ANNIVERSARY LOGO

Tomb Raider developer Crystal Dynamics has released a new official logo to mark their 30-year anniversary and pay homage to some of the characters from video-games they have developed. The award-winning studio was recently acquired by Embracer Group along with Eidos and Square Enix Montreal.

Last Updated: Jul 27, 2022

EMBRACER GROUP PUBLISHES ANNUAL REPORT 2021-22

Embracer Group has published their annual report for the financial year 2021/2022. A digital and brief version of the report, including acquisition data, asset inventory, milestones and projections, is available on the company's official website.

Last Updated: Jul 8, 2022

EMBRACER GROUP TO STRENGTHEN INVESTMENT ARM

Embracer Group has announced a slew of new appointments to help strengthen its investment arm. Johan Ekstrom has been appointed to the additional role of Deputy CEO of Embracer Group, former Deputy CEO Erik Stenberg will continue to be a board member of Embracer Group and Oscar Erixon has been appointed as Head of Investor Relations.

Last Updated: Jul 8, 2022

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