Brute Force Competition 2022

[GregRedd]

Week 2 - 8 May

Article:

Hardspace: Shipbreaker - Pay Your Debt or Die Trying

Topic:

Embracer Group to acquire Eidos, Crystal Dynamics and Square Enix Montreal

The Embracer Group AB has entered into an agreement to acquire the development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, 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. In total, the acquisition includes ~1,100 employees across three studios and eight global locations. The total purchase price amounts to USD 300 million on a cash and debt free basis, to be paid in full at closing…