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Embracer Group Shuts Down Square Enix Montreal Studio Just Months After Acquiring It

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In line with a Bloomberg report, online game writer Embracer has shut down Onoma, the studio previously often called Sq. Enix Montreal, simply months after its acquisition. Some workers can be transferred to Eidos Montreal, one other studio owned by Embracer. This information comes just some weeks after Onoma underwent a rebranding course of the place it adopted the brand new identify.

Onoma was finest identified for its work on the Go collection, turn-based spin-offs of fashionable Eidos Interactive titles designed for cellular. This consists of Hitman Go, Lara Croft Go, and Deus Ex Go. Their most up-to-date work was Tomb Raider Reloaded, which got here to cellular gadgets earlier this 12 months, and their future plans concerned a title primarily based on Avatar: The Final Airbender.

Earlier this 12 months, 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 several other extra studios.

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

[Source: Bloomberg]


Had 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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