Previous leaks have indicated that the studio is working on a new IP and a new Deus Ex game, along with providing development support for Xbox's Fable.
Eidos Montreal's single player action-adventure title has been fully optimized for the Steam Deck, the developer confirms.
Crystal Dynamics/Eidos Montreal CEO Phil Rogers says there's "great excitement now about how we drive it commercially within our own business unit.”
A new report claims that Eidos Montreal has a number of projects in the work, which includes a new Deus Ex game and co-development of Xbox-exclusive Fable.
The mobile-focused studio was acquired by Embracer Group only a few months ago, and unveiled a rebranding less than a month back.
Crystal Dynamics has confirmed that it has officially taken over ownership of Tomb Raider and Legacy of Kain, while Eidos Montreal has done the same for Deus Ex and Thief.
They form the 12th operating label under the Embracer Group, which now owns Deus Ex, Tomb Raider, Legacy of Kain, and several back-catalog titles.
Though recent reports have claimed that Eidos Montreal is considering going back to Deus Ex, the studio seems to have other things in the pipeline before that.
Giant Bomb's Jeff Grubb says that it's still early but such a conversation had "no possibility to even begin" under Square Enix.
According to a recent leak, the next Tomb Raider game will feature a much more experienced Lara deep into her adventuring career.
Mary DeMarle, who worked on Deus Ex: Mankind Divided and Marvel's Guardians of the Galaxy, has joined BioWare.
Instead, the money raised by the sale will be used to strengthen the company's core gaming business segment and realign its focus for its overseas consumers.
"We see a great potential, not only in sequels, but also in remakes, remasters, spinoffs as well as transmedia projects," the company says.
Embracer Group CEO Lars Wingefors says "a number of external approvals", which potentially includes licensers, are needed to close the transaction.
"It's not only Tomb Raider, it's also a number of very sizable AAA experiences in the pipeline, both based on beloved franchises that we will own as well as original IPs," says Embracer Group CEO Lars...
The Embracer Group reveals that the two latest mainline instalments in the Deus Ex franchise have collectively sold over 12 million copes to date.
The two Marvel games lost Square Enix $200 million in a little under two years and were responsible for the sale of western studios to Embracer, according to an analyst.
Studio head David Anfossi says joining the Embracer Group will "take Eidos to the next level and make its talents, the gamers, and you very happy.”
Investments in blockchain, AI and the cloud along with better aligning its Tokyo organization and overseas publishing are some of the reasons.
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.