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02.05 / 20:01
Software Square Enix is set to sell three western studios to Embracer, and use purchase to invest in blockchain games
It looks like Embracer Group will purchase most of Square Enix’s western studios for a reported $300 million USD. The CEO of Embracer Group Lars Wingefors announced the acquisition in a statement confirming the deal between the two companies. Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal will officially be a part of Embracer Group’s hefty studio lineup later in the year. The amount to be spent seems small, but Square Enix will apparently use it in its investment toward blockchain games and the cloud.
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