Recently Square Enix sold development studios Crystal Dynamics, Eidos Montreal, and Square Enix Montreal, alongside IPs like Deus Ex, Tomb Raider, Legacy of Kain, and Thief, to the Embracer Group. For the seemingly low, low price of $300 million USD. In the age of billion dollar deals, Embracer is definitely aware of what it now owns.

And there's sequels, remakes, and remasters coming.

“We recently announced the acquisition of Crystal Dynamics, Eidos Montreal and Square Enix Montreal, including Tomb Raider, Deus Ex, Thief, Legacy of Kain and other IPs,” Embracer CEO Lars Wingefors said during a recent financial earnings call. “The announcement got an overwhelming and positive response. We see great potential, not only in sequels but also in remakes, remasters, spin-offs as well as transmedia projects across the group.”

With Crystal Dynamics already working on an Unreal Engine 5 powered Tomb Raider there's a good chance Eidos Montreal will get to work on the next Deux Ex or Thief. And then there's the prospect of a Legacy of Kain resurgence. The acquisition is definitely nothing to sneeze at, with these studios housing over 1,100 employees across eight locations.