Embracer Group Shares Plans From Square Enix Deal To Bring “Remakes, Remasters, Spinoffs” In The Future

Regarding the realm of beloved IPs such as Tomb Raider, Thief, and Deus Ex, these franchises could find a new ray of light for new entries as of recent weeks. For those unfamiliar, publisher Square Enix came to an agreement to sell of these series alongside respected developers to THQ Nordic parent company Embracer Group for an approximate $300 million. The deal come as a complete bargain to the $70 billion made by Microsoft for Activision Blizzard.

As for what the future entails for the specifically in regards to these IPs is currently left unmentioned. From Square Enix, the firm pressed previously that its plans includes expanding to new talent and possibly opening new studios for its western audience. As for Embracer Group with its new purchase? Well, expect these franchises to resurface in the coming future.

When sharing its financial report in May, Embracer Group pressed that there will be an abundance of “remakes, remasters, spinoffs” when it comes to its new acquisitions from Square Enix.

After the end of the quarter, we further strengthened our development capabilities and IP-portfolio by entering into an agreement to acquire Crystal Dynamics, Eidos Montreal and Square Enix Montreal, including Tomb Raider, Deus Ex, Thief and Legacy of Kain and other IPs. The announcement got an overwhelming and positive response. We see a great potential, not only in sequels, but also in remakes, remasters, spinoffs as well as transmedia projects across the Group. We expect the transaction to close in the July-September period. 

As for current projects underway from entities under the Embracer Group banner, Destroy All Humans! recently received a number of new details. This month, the franchise welcomes a new multiplayer spin-off, Destroy All Humans! Clone Carnage. Additionally, the remake for Destroy All Humans! 2 was slated for a late August release later this summer.

Elsewhere, we also learned the official sequel to Goat Simulator is on the way. Howbeit, Coffee Stain Studios in its joking attire mocked another Dead Island cinematic trailer and even jumped the gun titling the new game ‘Goat Simulator 3’. You can read the full report by heading here.

Are you excited for the plans underway from Embracer Group?

Source: Embracer Group