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The Guardian - UK
The Guardian - UK
Entertainment
Mark Sweney and agencies

Square Enix sells its western studios and hits such as Tomb Raider for $300m

Square Enix Embracer Lars Wingefors Piers HardingRolls
Lara Croft Tomb Raider- Legend 2006
Square Enix, the company behind the Final Fantasy series, is selling the rights to games including Tomb Raider, Deus Ex, Thief and Legacy of Kain. Photograph: PR

The Japanese gaming company behind Final Fantasy is selling off three studios, including the rights to hit franchises including Tomb Raider, in a $300m (£240m) deal.

Tokyo-based Square Enix has sold US-headquartered Crystal Dynamics and Canada-based Eidos Montreal and Square Enix Montreal to the Nasdaq-listed Swedish gaming group Embracer.

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