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Published onNovember 2, 2022

published onNovember 2, 2022

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You may recall that back in May this yearEmbracer Group acquired Square Enix’s western game development studios in a $300 million deal. The three studios in question wereCrystal Dynamics,Eidos Montreal, andSquare Enix Montreal.

It looks as though the latter, which was afterward renamedOnoma, is going to be shuttered in a cost-saving effort by the company. Before being sold by Square Enix, the studio worked on mobile games including Hitman GO and Lara Croft GO.

The deal included some legendary IPs including the aforementioned Hitman and Tomb Raider franchises, in addition to the dormantLegacy of Kainseries. Roughly 1100 employees across the three studios were affected by the deal, many of whom will now be losing their employment (although reportedly some will be transferred to Eidos Montreal).

Speaking of which,Eidos Montrealis also being affected by Embracer Group’s cost-cutting crusade, having one project axed completely while another was “rescoped.” Eidos Montreal is reportedly working on a new installment of theDeus Exseries—which is apparentlyveryearly in development—as well as working with Playground Games on theupcomingFablereboot.

As forCrystal Dynamics, it’s developing thenext Tomb Raider gamein addition to collaborating with The Initiative on thereboot ofPerfect Dark.

Robert Collins

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Robert Collins