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NEWS: Embracer has shut down Onoma, formerly Square Enix Montreal, which announced its new name just 3 weeks ago
Uploaded by Philipp Jan 30, 2024 at 01:31PM EST
Origin Entry: Embracer Group
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Embracer is considering selling Gearbox Software and has received interest from third parties, according to Reuters.
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Embracer is closing down Volition, the 30 year old studio behind classics like Red Faction and Saint's Row.
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Embracer, owner of IPs like Saints Row, Borderlands, Dead Island, Tomb Raider and Deus Ex, is having some problems.
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Embracer Group is restructuring to reduce costs. This will lead to layoffs, studio closures, and project cancellations.
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Embracer Group - NEWS: Embracer has shut down Onoma, formerly Square Enix Montreal, which announced its new name just 3 weeks ago
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