Embracer Sees Great Potential For Its Newly Acquired IP's Future

General news News 05/21/2022

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According to Embracer CEO Lars Wingefors, remakes, remasters, and spin-offs of Legacy of Kain, Thief and Deus Ex have huge potential, so it’s not out of the question that the publisher will look to do more with them…

In Embracer Group’s quarterly presentation to investors, Wingefors said, “We recently announced the acquisition of Crystal Dynamics, Eidos Montréal, and Square Enix Montréal, including Tomb Raider, Deus Ex, Thief, Legacy of Kain, and other IPs. The announcement got an overwhelming and positive response. We see great potential, not only in sequels but also in remakes, remasters, spin-offs, and transmedia projects across the group.”

Let’s not include Tomb Raider here, as its new instalment was announced before Square Enix’s selling, and it’s being developed for PlayStation 5, Xbox Series and PC with Unreal Engine 5, so Wingefors is covering the other IPs. Eidos Montréal would be a logical studio for it, as they’re free after Marvel’s Guardians of the Galaxy, while Crystal Dynamics is working on Lara Croft. Legacy of Kain: Defiance was the last game in the franchise, and it came out in 2003 for PS2, Xbox and PC, so it could be the logical revival. Eidos Montreal has previously worked on reboots of Thief and Deus Ex. And the transmedia project hints at film and TV adaptations, and a second Tomb Raider movie with Alicia Vikander is sure to be made. Or even board games, card games and tabletop RPGs could be on the way, thanks to Asmodee also belonging to Embracer.

In the same report, Matthew Karch, CEO of Saber Interactive, added: “I’m super excited about what I consider to be the steal of the century with our recent deal to acquire Crystal Dynamics, Eidos Montréal, and Square Enix Montréal. I believe we just acquired one of the best IPs in the history of games. I don’t think it’s debatable. We acquired great teams that I’ve had an opportunity to meet with to get to know on an elementary level before the closing. But it’s been good to get to know them, and I’m super excited about what we can do with them in the future.” He was thinking of Tomb Raider, which has sold 88 million games in the last two and a half decades, and the movies have made money, too.

We’ll be curious to see what they come up with from the IPs they bought from Square Enix…

Source: WCCFTech, WCCFTech

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Angyal Anikó

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