Square Enix Sells Tomb Raider IP and More for $300M to Focus on

Japanese gaming giant Square Enix is selling its western arm and all the associated intellectual property rights to Embracer Group for $300 million.

The Tomb Raider Reboot trilogy sold 38 million copies in total, with the franchise totaling 88 million copies sold.

Move Over Microsoft, Embracer Group Buys Square Enix's Western Studios

Embracer Group has entered into an agreement to acquire Crystal Dynamics, Eidos-Montréal, Square Enix Montréal (~1,100 employees) and a catalogue of IPs including Tomb Raider, Deus Ex, etc (total up $300M)

Why Square Enix Sold Its Western Studios - GameSpot

Square Enix wants to 'upgrade some existing IPs to AAA status' : r/JRPG

Tomb Raider - IGN

Yuga Labs' Otherside Land NFTs Sell Out Within Hours, Leaving Many Interested Buyers Disgruntled - NFTgators

Square Enix recently : r/FinalFantasy

Square Enix Sells Tomb Raider & 2 Gaming Studios to Invest In Blockchain Games - - P2E NFT Games Portal

Square Enix Sells Off Tomb Raider and Three Studios to Fund NFT Games - Decrypt

Embracer Group To Acquire Crystal Dynamics, Square Enix Montréal, Eidos-Montréal, Plus IPs For $300 Million

Embracer Group enters into an agreement to acquire Eidos, Crystal Dynamics, and Square Enix Montréal, Page 25

Embracer Group Buys Eidos from Square Enix for USD 300M - Siliconera

Final Fantasy Maker Pledges to Develop Multi-Blockchain Games Based on Own IP

Embracer Group Completes Acquisition Of Various Square Enix Studios And IPs