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…