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For the first six months of fiscal 2023, ending 9/30/22, Square Enix Holdings (9684.T-JP: Tokyo) reported a 3.3% decline in net sales and an 11% drop in operating income. Analysis The results for Square Enix were mixed but not that bad. In May, Square sold Eidos, Crystal Dynamics, and the related IP and studios to Embracer Group. The goal was to focus more on bl…..
The Embracer Group (EMBRAC-B.ST) acquisition of assets from Square Enix has been approved. The transfer was announced on May 2, 2022, and includes Eidos, Crystal Dynamics, and Square Enix Montreal. It includes IP such as Tomb Raider, Deus Ex, Thi…..
Square Enix (9684.T-JP: Tokyo) has entered into an agreement to sell several overseas studios to the Embracer Group. These holdings include Crystal Dynamics and Eidos Interactive. This includes IP such as Tomb Raider, Deus Ex, Thief and Legacy of Kain. The transfer price was listed as $300 million. Analysis Square Enix selling its Wester…..
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