Square Enix Sells Three Western Studios and Titles Such As 'Tomb Raider,' 'Deus Ex'

Square Enix has sold three of its major Western game studios -- the U.S.-based Crystal Dynamics, Eidos Montreal and Square Enix Montreal-- to Swedish gaming group Embracer.The deal encompasses the intellectual property rights to its game franchises, such as Tomb Raider, Deus Ex and Thief and Legacy of Kain. It also includes the rights to "more than 50 back-catalog games."Embracer's purchase of the three studios amounts to $300 million USD "on a cash and debt free basis, to be paid in full at clo...