It was first reported in 2022 that the Deus Ex studio had been brought on board the project to provide development support.
Announced in 2020, Playground Games' open-world action RPG has seen sporadic updates and departures but still no release date.
Eidos Montreal's latest major title in the acclaimed immersive sim series is available to claim for free on the storefront until March 21st.
"The global economic context, challenges of our industry and Embracer's comprehensive restructuring have finally impacted our studio," the developer says.
Reports indicate the project was to enter production this year. Eidos Montreal will allegedly see layoffs and work on an original franchise.
Eidos Montreal's critically acclaimed but financially underwhelming action-adventure is free to claim for PC until January 10th.
Disney's head of gaming Sean Shoptaw says Crystal Dynamics and Eidos Montreal were "great partners".
"I am not under any NDA for Deus Ex because no one has called me about it. Truly," says Elias Toufexis, who voiced Adam Jensen.
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.
