EMBRACER GROUP AND THE FUTURE OF TOMB RAIDER

[ 19 May 2022 ]

Embrace Group has published their full year financial report and commented on the possibility of remakes, remasters and spinoffs following an agreement to acquire Eidos, Crystal Dynamics and Square Enix Montreal and a catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain and more than 50 back-catalogue games from Square Enix Holdings Ltd.

"After the end of the quarter, we further strengthened our development capabilities and IP-portfolio by entering into an agreement to acquire Crystal Dynamics, Eidos Montreal and Square Enix Montreal, including Tomb Raider, Deus Ex, Thief and Legacy of Kain and other IPs. The announcement got an overwhelming and positive response. We see a great potential, not only in sequels, but also in remakes, remasters, spinoffs as well as transmedia projects across the Group. We expect the transaction to close in the July-September period."

Embracer Group, owners of Borderlands creator Gearbox Software, previously acquired Dark Horse Media, publishers of the Tomb Raider comic book series starring Lara Croft.

Embracer Group