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Square Enix Financial Report Shares New Plans For Western Projects Following Embracer Deal

Posted on June 30, 2022 by Nick Moreno

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In the ongoing events of Embracer Group growing more hungry for new and reputable talent, it is no surprise the conglomerate continues to buy up more large teams. Previously, the Austrian firm surprised many with the acquisition of 3D Realms alongside entities Ghost Ship Games and Slipgate Ironworks amongst others at the time.

Additionally, the firm continued this pursuit in other mediums came this past December with Dark Horse Comics. However, the most notable in recent weeks is the arrangement with Square Enix. In that, the company acquired the likes of Crystal Dynamics, Eidos Montreal, and Square Enix Montreal. The deal came bundled with IPs such as Deus Ex, Tomb Raider, and even Sleeping Dogs just to name a few.

According to Square Enix’s financial report following the deal, the firm plans to establish new IP for its western audience with new teams or open its own divisions solely for this new pursuit. You can view the slide in the image below:

“Achieve sustained growth through selection and concentration of company resources,” one bullet point reads. “In anticipation of changes in the global business environment for game development, we intend to optimize our resource allocation so that we can develop appealing titles better aligned to customer needs while simultaneously bolstering our profitability.”

“Better align overseas publishing function with organization in Tokyo: Maximize worldwide revenue from future titles launched by group studios in Japan and abroad by revisiting our existing governance structure and reporting lines and advancing integrated group management.”

Are you confident in Square Enix’s ambitions for the west?

Source: Square Enix

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