Embracer Group took over numerous Square Enix studios as part of a $300million (£261m) deal this summer. It landed Crystal Dynamics, Eidos-Montréal and Square Enix Montréal in one go, giving it access to such titles as Deus Ex, Thief, Legacy Of Kain and Tomb Raider.
Bloomberg‘s Jason Schreier claimed that Embracer “informed staff at a 2pm ET meeting [yesterday, November 1] that Onoma is shutting down as the company pivots to focus only on PC and console”.
NEWS: Embracer has shut down Onoma, formerly Square Enix Montreal, which announced its new name just 3 weeks ago. Also:
– Some Onoma staff will move to Eidos Montreal
– Eidos canceled an unannounced game
– Eidos working with Xbox on games like Fable
— Jason Schreier (@jasonschreier) November 1, 2022
Phil Rogers, director of Embracer’s business group CDE Entertainment, said in a statement (via Games Industry.biz): “We see the growth opportunities centred around our premier franchises and AAA games.
“Closing publishing QA and our Onoma studio is a difficult decision and one that we’ve taken with great care and consideration. We greatly thank all those team members for their contributions over the years and hope to find proper placements for as many as possible.”
Sources at Bloomberg suggested that some staff members from Onoma would be transferred to Eidos-Montréal following the news, where a new Deus Ex title is said to be in “very early” development.
Square Enix Montréal and Eidos-Montréal were formally acquired by Embracer Group back in August, and announced in September that it was now the owner of Deux Ex.
“As we’ve left Square Enix Ltd and joined the Embracer Group, we are starting an exciting new chapter in Eidos-Montréal’s history,” the company said in a statement.
“To put things simply, the big change is that Eidos-Montréal (or its affiliates) is now the owner of the games it developed, like the Deus Ex and Thief games, and the controller of the data obtained from the various gameplay metrics tracked in its titles.”