![]() ![]() Square Enix wanted, but never got, a big hit. The sale speaks to the state of the game industry in many different ways at once: about single-player gaming as a business, Square Enix’s management style and how classic properties as well known and beloved as Tomb Raider can be worth peanuts compared to mobile, free-to-play games. Square Enix, the Japanese publisher known best for Final Fantasy, said it has agreed to sell off its Western studios and intellectual property to the acquisition-hungry Swedish holding company Embracer Group, including the Tomb Raider franchise, for just $300 million. Another week, another major video game acquisition.
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