Square Enix is ​​keeping Just Cause, Life Is Strange and Outrider

Yesterday we heard the landmark news that Square Enix has agreed to sell Tomb Raider, Deus Ex, Lara Craft Go – along with the studios that make the games – to Embracer Group.

The company – which has been on something of a buying spree lately – has agreed to acquire three of Square Enix’s western studios (Crystal Dynamics, Eidos Montreal and Square Enix Montreal) as well as a suite of intellectual property once owned by Square Enix.

But Square isn’t that keen on dumping all of its western intellectual property just yet. A press release from the Japanese publisher has confirmed that the company will retain the rights to Just Cause, Life is Strange and Outriders. Additionally, the indie-focused Square Enix Collective will remain under the parent company and continue to operate.

“Going forward, the company’s development function will include its studios in Japan, Square Enix External Studios and Square Enix Collective,” the publisher said. “The company’s overseas studios will continue to release franchises such as Just Cause, Outriders and Life is Strange.”

We hope we still get some quality games from these series and that Square Enix’s focus on “investments in areas like blockchain, AI and the cloud” doesn’t leave players hungry for traditional projects.

It’s no secret that Square Enix has been publicly disappointed with its western studios and the performance of its non-Japanese IP. Tomb Raider, Deus Ex, Marvel’s Avengers and Guardians of the Galaxy have all been rated sales disappointments for the studio (although the latter is one of the funniest games written in recent years).

The two companies announced the $300 million cash transaction early Monday morning, confirming that the deal is an absolutely massive 50+ IPs.

Does that mean we’re likely to see more Gex or Legacy of Kain in the future? I personally really hope so.

This is the latest Megaton Gaming deal in a year already full of it; We’ve heard about Microsoft’s acquisition of Activision Blizzard, as well as Sony’s acquisition of Bungie. What’s next? Will Nintendo Buy Sega? Nothing is off the table at this point. Square Enix is ​​keeping Just Cause, Life Is Strange and Outrider

Fry Electronics Team

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