EMBRACER GROUP COMPLETES TOMB RAIDER ACQUISITION

Embracer Group has announced the completion of the acquisition of development studios Crystal Dynamics, Eidos-Montreal, Square Enix Montreal, and a catalog of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain and more than 50 back-catalog games from Square Enix.

"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. The companies will form the 12th operative group under the leadership of Phil Rogers and his management teams."

Lara Croft in Shadow of the Tomb Raider