Embracer Completes Crystal Dynamics, Eidos Montreal Acquisition

While it looks like Amazon will not be buying EA after all, Embracer Group has completed its acquisition of Crystal Dynamics, Eidos Montreal, and various other assets. According to a press release from the Swedish juggernaut, “all conditions for the transaction, including regulatory approvals, have now been fulfilled and the transaction may be completed”. It concludes: “Embracer has, therefore, today completed the acquisition.”

In addition to the aforementioned studios, Embracer Group will also gain access to a catalogue of intellectual properties, including Tomb Raider, Deus Ex, Thief, Legacy of Kain, and more. “Further information will be given by the companies and Embracer Group at a later date,” the press release concludes.

So, there you have it: one acquisition rumour may have already been dismissed today, but another has been completed. The industry’s march towards consolidation continues…

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