![]() Last year, it sold off three Western studios - Crystal Dynamics, Eidos-Montréal and Square Enix Montréal - as well as franchises like Tomb Raider and Deus Ex to Embracer Group for a relatively small price of $300 million. This is hardly the first time that Square Enix has taken swift action against its studios after projects failed to meet expectations. Combining the two entities will further enhance the Group’s ability to develop HD games." ![]() ![]() In a statement of its own, Square Enix said it's absorbing the Luminous team as "part of the company’s efforts to further bolster the competitive prowess of the group’s development studios, a goal set forth under its current medium-term business strategy." It added that Luminous is "equipped not only with AAA title development capabilities but also technical expertise in areas such as game engine development. An Update from Luminous Productions /fbDENflRhj
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