Just when you thought the buying of game developers was over we have another big deal.
Square Enix just sold the rights to many huge titles for a total of $300 million to Embracer. Some of the titles included in this deal are the Tomb Raider franchise, Deus Ex, Thief and Legacy of Kain.
The studios behind those titles, Crystal Dynamics and Eidos, are part of the deal.
The Embracer group is formerly THQ Nordic.
Square Enix’s President stated the sale will provide a cash infusion for investing into blockchain games. Many gamers have already voiced their opposition to blockchain and NFT projects in gaming.
The NFT space offers gamers nothing tangible or of value and is just another revenue stream for gaming companies that are already making millions from micro transactions, downloadable and other gaming content that used to be included when buying a game.
The one highlight for the sale is hopefully gamers will see the Legacy of Kain titles making a comeback.
These games were classic action and puzzle solving titles on the PS1, PS2 and PC systems. Why Sony or Microsoft didn’t buy up these titles is a good question considering all the purchases they’ve made.
Square Enix will still publish the Just Cause, Life is Strange and Outriders titles.
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