Crystal Dynamics will continue to co-develop Perfect Dark with the post Embracer deal initiative

Following the deal between Square Enix and Embracer, Crystal Dynamics will co-develop Microsoft’s Perfect Dark reboot with The Initiative.
The initiative went to Twitter To confirm the continued partnership alongside sharing, the team has made “major strides” building the next-gen version of Perfect Dark.
“We are pleased that Crystal Dynamics is taking these next steps with their studio,” wrote The Initiative. “Our teams have made great strides in building Perfect Dark together as a co-development partner, and we will continue this work with them in their next chapter.”
The Perfect Dark Reboot was first announced at The Game Awards 2020 as a first-person shooter with an “eco-sci-fi” theme. The game, which would be the first addition to the franchise since 2005’s Perfect Dark Zero, “aims to deliver a secret agent thriller set in a near-future world.”
In September 2021, The Initiative announced it would be working with Tomb Raider’s Crystal Dynamics to develop Perfect Dark, saying the two teams “couldn’t pass up a chance to work together”.
We’ve yet to learn more about what exactly the Perfect Dark game will be, but a report from early 2022 suggested The Initiative has suffered significant staff attrition over the past year. “Lack of creative autonomy and slow development progress” are given as reasons for the departure of employees.
Embracer Group announced this morning, May 2, that it has reached an agreement with Square Enix to acquire Crystal Dynamics, Eidos-Montréal, Square Enix Montréal and a “Catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain” and more than 50 back catalog games from Square Enix Holdings” for $300 million.
According to Square Enix, this transaction will allow the company to invest more in blockchain, AI and the cloud.
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Adam Bankhurst is a news writer for IGN. You can follow him on Twitter @AdamBankhurst and further Pull out.
https://www.ign.com/articles/crystal-dynamics-to-still-co-develop-perfect-dark-with-the-initiative-following-embracer-deal Crystal Dynamics will continue to co-develop Perfect Dark with the post Embracer deal initiative