"We see a great potential, not only in sequels, but also in remakes, remasters, spinoffs as well as transmedia projects," the company says.
"We're taking our time to make sure we do it right, because this is a game we think could one of the biggest sellers the year that it comes out," says Embracer Group's Matthew Karch.
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.
The reboot trilogy has sold 38 million across its three games while Lara Croft: Relic Run and Lara Croft: Go had 53 million paid downloads overall.
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.
"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.
Lost Boys Interactive, which also worked as a support studio on Tiny Tina's Wonderlands, has been acquired by Gearbox Entertainment.
Embracer Group has spent roughly $8.1 billion on 62 acquisition since the beginning of 2020, and the company intends to keep going.
The parent company of the likes of Deep Silver, THQ Nordic, Saber Interactive, and others seems to have plenty of irons in the fire.
After last week's speculation of the long-in-development zombie game getting r-eannounced this year, Deep Silver's parent company hints that that could indeed happen.
4A Games' post-apocalyptic first person shooter has sold over 6 million units, Embracer Group has confirmed in a recent fiscal report.
Dark Horse Media will serve as the tenth operative group for the company with a focus on strengthening "transmedia capabilities."
Embracer Group's latest earnings report reveals that the company is planning to maintain a blistering pace of acquisitions in 2022.
The update changes up food mechanics, scales blocking power with max health and also buffs Tower Shields to knock back foes.
Tower Shields will now knock back enemies that strike it, providing a slower but much more defensive option for tank-minded players.
