Embracer Group sees "great potential" in Tomb Raider, Deus Ex, and IPs for spin-offs, remasters, and remakes
Embracer Group, the Swedish company set to acquire Crystal Dynamics and Eidos’ IPs from Square Enix, has recently discussed the purchase and what they perceive the future of the IPs to be.
According to Embracer CEO Lars Wingefors, things look very positive when it comes to producing remakes, remasters, and spin-offs starring the IPs they will be purchasing. More details about the acquisition and future plans for Embracer will be addressed in the article below.
During a recent fourth-quarter earnings report, Lars Wingefors spoke about the acquisition, what it means to the company, and how the purchase was received overall. The company is acquiring Crystal Dynamics, Eidos Montreal, Square Enix Montreal, and a host of IPs.
The acquisition will include about 1,100 employees across the three studios in eight locations around the world. The deal is scheduled to close sometime between July and September this year.
What does this mean for the future of the purchased IPs though? Apparently, the reception from Embracer Group was very positive.
Embracer Group spoke about how the Tomb Raider franchise sold 88 million units, while Deux Ex had 12 million units sold. When it comes to the Embracer Group, there are certainly some positives to come from it.
During the call, the company specifically mentioned several IPs: Tomb Raider, Deux Ex, Thief, and Legacy of Kain. The company has its eye on creating sequels, remakes, remasters, spin-offs, and more for the IPs that they will soon own.
One thing is for sure though. Crystal Dynamics is working on a new Tomb Raider game using Unreal Engine 5. It will reportedly push the envelope of fidelity and create incredibly high-quality cinematic action.
Mentioning the Legacy of Kain series is certainly
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