Square Enix Embracer deal explained: Who gets what?

Gaming Square Enix’s new deal with Embracer Group is shaking up its properties, so here’s where the biggest Western IPs are going. by Hayes Madsen Updated: May 7, 2022 Originally Published: May 5, 2022 Square Enix

What is Embracer Group? Embracer is a Swedish video games holding company, originally formed out of Nordic Games. It’s now the parent company of THQ Nordic, Gearbox, Deep Silver, and over 100 developers around the world.

Tomb Raider - Embracer Tomb Raider is the most notable IP being sold to Embracer, with the franchise now having sold over 83 million copies.

Deus Ex - Embracer Eidos Montrea’s Deus Ex series is going to Embracer. The franchise was “ put on hold ” after the 2016 release of Mankind Divided. Square Enix

Thief - Embracer The last entry in Eidos Montreal’s stealth series was released in 2014. Square Enix

Gex Embracer will now own Crystal Dynamics' lizard mascot. Square Enix

A new Legacy of Kain game hasn’t been released since 2003.

Legacy of Kain - Embracer Square Enix

Other IPs Going to Embracer The sale also sees embracer gain a back-catalog of nearly 50 IPs, including Project Snowblind, Whiplash, and The Unholy War. Square Enix

Outriders - Square Enix Square Enix is retaining the rights to Outriders, which has its Worldslayer expansion releasing on June 30, 2022. Square Enix

Just Cause - Square Enix

Square Enix is retaining the rights to Just Cause , developed by Avalanche Studios. Square Enix

Square Enix will also retain rights to the wildly successful Life Is Strange franchise.

Life Is Strange - Square Enix

Sleeping Dogs - Unknown The cult classic hasn’t been mentioned by either company. A Sleeping Dogs 2 was shut down early in development. Square Enix

Marvel Games - Unknown The fate of Square Enix’s Marvel games is unknown, as it likely comes down to the decision of the license holder, Marvel. Square Enix

Square Enix Embracer deal explained: Who gets what?

A new Legacy of Kain game hasn’t been released since 2003.

Just Cause - Square Enix

Square Enix will also retain rights to the wildly successful Life Is Strange franchise.

More stories from Inverse