Embracer Sees “Great Potential” in Sequels, Remakes, and Remasters from Tomb Raider and Deus Ex Studios

Image: Eidos-Montréal

Embracer Group has shared a new investors report that teases the sort of projects that Crystal Dynamics and Eidos-Montréal will likely be tasked with following the Swedish holding company’s agreement of acquiring them from Square Enix for the bargain price of $300 million earlier this month. In a passage regarding what’s been described as a “transformative year,” Embracer acknowledges that it sees “great potential” in not only sequels but also “remakes, remasters, [and] spinoffs” from its new studios, a very strong indication that the company intends to give the green light for reviving some of Crystal Dynamics and Eidos-Montréal’s classic but dormant IP. Some of the more exciting prospects include the long-awaited sequel to 2016’s Deus Ex: Mankind Divided, whose protagonist, Adam Jensen, was left hanging after the alleged ineptitude of Square Enix’s micromanagement of the project, or possibly a new Thief game. Recent rumors suggest that Eidos-Montréal may even be remaking the original Deus Ex, Ion Storm’s critically acclaimed 2000 classic that eerily predicted many things about the modern world.

After the end of the quarter, we further strengthened our development capabilities and
IP-portfolio by entering into an agreement to acquire Crystal Dynamics, Eidos Montreal
and Square Enix Montreal, including Tomb Raider, Deus Ex, Thief and Legacy of Kain
and other IPs. The announcement got an overwhelming and positive response. We see
a great potential, not only in sequels, but also in remakes, remasters, spinoffs as well
as transmedia projects across the Group. We expect the transaction to close in the
July-September period.

Source: Embracer Group

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