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Embracer Group Shuts Down Sq. Enix Montreal Studio Simply Months After Buying It

by Sunburst Viral
3 years ago
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In keeping with a Bloomberg report, online game writer Embracer has shut down Onoma, the studio previously generally known as Sq. Enix Montreal, simply months after its acquisition. Some employees might be transferred to Eidos Montreal, one other studio owned by Embracer. This information comes only a few weeks after Onoma underwent a rebranding course of the place it adopted the brand new title.

Onoma was finest identified for its work on the Go collection, turn-based spin-offs of in style Eidos Interactive titles designed for cellular. This contains Hitman Go, Lara Croft Go, and Deus Ex Go. Their most up-to-date work was Tomb Raider Reloaded, which got here to cellular units earlier this yr, and their future plans concerned a title primarily based on Avatar: The Final Airbender.

Earlier this yr, Onoma was only one a part of a a lot bigger collection of Embracer’s acquisitions, which included Crystal Dynamics and Eidos Montreal. In August, Embracer proceeded to accumulate Restricted Run Video games, Tripwire Interactive, Tuxedo Labs, the IP rights to The Lord of the Rings and The Hobbit, and a number of other extra studios.

The Bloomberg report additionally says that the closure is a part of a cost-cutting initiative, and that Eidos Montreal can have initiatives scaled again and reduce as nicely. A few of these assets might be redirected to help within the improvement of a sport within the Fable franchise, led by Playground Video games.

[Source: Bloomberg]


Have been you a fan of the Go collection? Do you suppose acquisitions are good for the video games business? Tell us within the feedback.



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Tags: Acquiringcelebrity newsEmbracerEnixGrouphollywood gossipshollywood newslatest hollywood newsmonthsMontrealshutsSquareStudio
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