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	<title>Onoma &#8211; Video Game News, Reviews, Walkthroughs And Guides | GamingBolt</title>
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		<title>Embracer Group is Shutting Down Onoma, Previously Known as Square Enix Montreal</title>
		<link>https://gamingbolt.com/embracer-group-is-shutting-down-onoma-previously-known-as-square-enix-montreal</link>
					<comments>https://gamingbolt.com/embracer-group-is-shutting-down-onoma-previously-known-as-square-enix-montreal#respond</comments>
		
		<dc:creator><![CDATA[Shubhankar Parijat]]></dc:creator>
		<pubDate>Tue, 01 Nov 2022 19:34:28 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Eidos Montreal]]></category>
		<category><![CDATA[embracer group]]></category>
		<category><![CDATA[Onoma]]></category>
		<category><![CDATA[Square Enix Montreal]]></category>
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					<description><![CDATA[The mobile-focused studio was acquired by Embracer Group only a few months ago, and unveiled a rebranding less than a month back. ]]></description>
										<content:encoded><![CDATA[<p>Embracer Group&#8217;s acquisition of Crystal Dynamics, Eidos Montreal, and Square Enix Montreal was <a href="https://gamingbolt.com/embracer-group-has-completed-the-acquisition-of-crystal-dynamics-eidos-montreal-square-enix-montreal">finalized only a few months ago</a>, but it&#8217;s already hit something of a speed bump. Less than a month back, Square Enix Montreal announced that it had <a href="https://gamingbolt.com/square-enix-montreal-has-rebranded-as-studio-onoma">rebranded as Onoma</a>, but it seems the studio won&#8217;t have too much time to operate under its new identity.</p>
<p>A report published by <a href="https://www.bloomberg.com/news/articles/2022-11-01/embracer-group-shuts-down-montreal-video-game-studio" target="_blank" rel="noopener">Bloomberg</a> has revealed that Embracer Group is shutting down Onoma. As per the report, the studio&#8217;s closure is &#8220;part of a larger cost-cutting initiative&#8221;, which will also see developer Eidos Montreal cancelling an unannounced project, and reducing the scope of another one. Previous reports have suggested that Eidos Montreal is <a href="https://gamingbolt.com/eidos-montreal-working-on-a-new-ip-deus-ex-isnt-coming-for-a-very-very-long-time-rumour">currently at work on a new IP</a>.</p>
<p>Embracer Group has informed Onoma employees that some of them will be transferred over to Eidos Montreal. The closure will impact roughly 200 employees in total.</p>
<p>As Square Enix Montreal, the studio developed a number of mobile games in major franchises, including the likes of <em>Lara Croft GO, Deus Ex GO, Hitman GO, </em>and more.</p>
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