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Embracer Group Shuts Down Square Enix Montreal Studio Just Months After Acquiring It

3 years ago
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In line with a Bloomberg report, online game writer Embracer has shut down Onoma, the studio previously referred to as Sq. Enix Montreal, simply months after its acquisition. Some workers shall be transferred to Eidos Montreal, one other studio owned by Embracer. This information comes just some weeks after Onoma underwent a rebranding course of the place it adopted the brand new title.

Onoma was greatest recognized for its work on the Go sequence, turn-based spin-offs of widespread Eidos Interactive titles designed for cell. This consists of Hitman Go, Lara Croft Go, and Deus Ex Go. Their most up-to-date work was Tomb Raider Reloaded, which got here to cell units earlier this 12 months, and their future plans concerned a title primarily based on Avatar: The Final Airbender.

Earlier this 12 months, Onoma was only one a part of a a lot bigger sequence of Embracer’s acquisitions, which included Crystal Dynamics and Eidos Montreal. In August, Embracer proceeded to accumulate Restricted Run Video games, Tripwire Interactive, Tuxedo Labs, the IP rights to The Lord of the Rings and The Hobbit, and a number of other extra studios.

The Bloomberg report additionally says that the closure is a part of a cost-cutting initiative, and that Eidos Montreal can have initiatives scaled again and reduce as nicely. A few of these sources shall be redirected to help within the growth of a sport within the Fable franchise, led by Playground Video games.

[Source: Bloomberg]


Had been you a fan of the Go sequence? Do you assume acquisitions are good for the video games trade? Tell us within the feedback.



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Tags: AcquiringEmbracerEnixGroupMonthsMontréalShutsSquareStudio
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