Investments in blockchain, AI and the cloud along with better aligning its Tokyo organization and overseas publishing are some of the reasons.
"We will be continuing this work with them in their next chapter," The Initiative says following Embracer's announcement of the acquisition.
It's also purchasing IPs like Tomb Raider, Deus Ex, Thief, and Legacy of Kain, along with over 50 back-catalogue titles for $300 million.
Jane Foster's moveset and abilities "will have a lot in common" with that of Thor, with more details on her arriving later.
Jeff Ross has confirmed joining the team and said he's "thrilled with the project, and especially the team of really wonderful people."
Crystal Dynamics has confirmed that it's working on the next mainline instalment in the Tomb Raider series, and that it's using Unreal Engine 5.
Crystal Dynamics has suggested a workaround to avoid a new bug that's causing crashes for PS5 players- but using it will delete all of your campaign progress.
"We're taking some extra time on Patch 2.3 to ensure our new tuning and mission on-boarding are ready-to-go," Crystal Dynamics says.
Crystal Dynamics is also looking to improve the onboarding process for new players, primarily by bringing Nick Fury to the Helicarrier as a guide.
The Initiative previously worked with Certain Affinity till last year. Both teams were separate, as per VGC's Andy Robinson.
Speaking to trusted sources, Windows Central's Jez Corden provided more details on how The Initiative was set up and the conflicts that eventually emerged.
According to a recent report, "as much as half" of Perfect Dark's core development team at The Initiative has departed from the studio over the past year.
Dan Neuburger left last month and is the second major designer to leave the company since the project's announcement in 2020.
While Crystal Dynamics is still quite reluctant in sharing the next big Marvel's Avengers Roadmap, they have, however, given players a sneak peek on what to expect from the upcoming update 2.3.
"We also can’t wait to share more about our long-term plans and will do so as soon as our teams finalize development and launch schedules," Crystal Dynamics says.
The LinkedIn page of co-developer Crystal Dynamics' Cory Butler suggests that the upcoming Perfect Dark reboot will adopt a games-as-a-service model.
The superhero co-op game will be getting a new update this week, which was confirmed by a Crystal Dynamics PR Twitch account.
According to a known leaker, She-Hulk will be added to the game's roster of playable heroes, and will be played by actress Krizia Bajos.
Here's how to hit the new Power Level Cap, access the Discordant Sound Klaw Raid and also unlock Spider-Man as a playable character.
Along with battling Klaue in the new raid, PS4 and PS5 players can partake in a new Hero Event to unlock Spider-Man later today.