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Square Enix sold its Western studios to buy several more

Just one week after the sale of its Western studios, Square Enix announced plans to acquire a number of new studios. Now it wants to buy or build.
  • Why did Square Enix sell its Western studios?

Swedish company Embracer announced last week Which has bought a large part of Square Enix. This section also sold for $ 300 million. Square Enix Western studios is the maker of titles such as Tomb Raider and Deus Ex. Square Enix also announced that it intends to spend the proceeds on blockchain and artificial intelligence.

It was further explained that Square Enix intends to focus more on fewer titles. That is why it will take steps in this direction. Also, some of the titles produced in Western studios were not very profitable and therefore harmed the overall process of the company. Now, according to the new goals of the company, it is possible to make changes in the general condition of Square Inks.

BingMag.com <b>Square</b> <b>Enix</b> <b>sold</b> its <b>Western</b> <b>studios</b> to <b>buy</b> <b>several</b> more

Now the company is thinking of buying or building a new studio. This is largely surprising. However, it makes sense because it is in the direction of the company's new goals. Of course, one of the problems was that Square Enix sold its Western studios for a small price. For this reason, it is possible that it will lose in the process of change. However, it is possible that the company's future titles will be profitable enough to offset this loss.

It is not yet clear which studio Square Enix will buy. Of course, it is possible that these studios are Japanese. Because one of the new goals of this company is to focus on domestic titles. Square Enix lost important titles by selling Western studios. Now to regain his credibility in the gaming world, he needs to make and return big titles. Because it is not only a matter of financial loss, but also the credit of this company is very high.

Source: VideoGamesChronicle.com

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