One of the biggest game studios closed

Formerly known as Square Enix Montreal, Onoma closed after being acquired by The Embracer Group.

by Jason Collins
| published 1 day ago

The Embracer Group, a Swedish video game and media company, appears to be shutting down Onoma after only months acquisition. Onoma, formerly known as Square Enix Montreal, has been acquired along with the entirety of Former Western Square Enix holdings Back in August this year. The studio subsequently changed its name to Onoma, but Embracer appears to have other plans for the studio.

according to IGNThe move is likely to be a cost-cutting measure, and the company has told employees that some employees will be moved to sister studio, Eidos Montreal, which it has acquired along with Onoma, and San Francisco-based Crystal Dynamics. Prior to its acquisition, the trio was known for releasing some of the best hits in gaming history, including some franchises that were completely unknown to younger generations of gamers but are fond memories of an older gaming audience.

Onoma’s closing is somewhat unusual due to its timing. The company previously announced a rebranding and a brand new game in development, which has now been canceled or moved to Eidos Montreal along with some Onoma employees. The studio is best known for its work on the popular Gomobile game series, which included Hitman Gu, Lara Croft Gu, And the Ex god go – which was originally developed by Square Enix, Crystal Dynamics, and Eidos Interactive, respectively, for other gaming platforms.

In addition, cost-cutting measures are not limited to only reported Onoma closures. Eidos Montreal is said to be reducing the scope of one of its projects in development and scrapping another entirely while also helping Microsoft develop a boost in acclaimed myth Franchise business. Will you be part of the gaming giant A plan to revolutionize the gaming industry? We don’t know, but it looks like a similar fate befell Crystal Dynamics.

The latter is known to evolve Lara Croft And the kenya heritage series, the latter of which was created in collaboration with Amy Hennig, one of the greatest writers in gaming – currently working with Marvel on Recently announced. In fact, Embracer appears to have impressive plans for Eidos Montreal and Crystal Dynamics, focusing mostly on growth opportunities centered around its franchises and AAA games. In fact, Crystal Dynamics recently raised a kenya heritage With a survey about the revival of the game – we strongly encourage you to participate in the survey.

Other than the aforementioned Onoma shutdown, Embracer has also shut down the publication’s QA department, and the entire move affected nearly 200 people – some of whom will only be ported to Eidos Montreal on PC and console projects. Embracer appears to have no plans to tackle the mobile market, at least not with the Onoma offering, which is admittedly lacking compared to other mobile versions in the current mobile gaming market.

The Embracer Group’s acquisition of the aforementioned studios has revealed some interesting details regarding Square Enix’s business. The reason for selling the company is still unknown Tomb rider, privilege with More than 88 million lifetime salesfor Peanuts, but seems eager to shed some of his IP addresses and have a cash back in the process.