Blog:Square Enix is divesting some of their assets

Square Enix is selling Square Enix Montreal, Eidos, and Crystal Dynamics (basically their entire western division) to a company I’ve never heard about called Embracer Group for $300M. This deal is expected to close sometime between July and September. This deal will also include franchises such as Tomb Raider and Deus Ex, as well as over 50 back catalogue games. I didn’t know what to think of this at first, but then I found out the reason SE is doing this is because it "enables the launch of new businesses by moving forward with investments in fields including blockchain, AI, and the cloud."