‘Perfect Dark’ studio says Crystal Dynamics is still co-developer following Embracer acquisition

Square Enix is selling Crystal Dynamics to Embracer Group, along with more studios and franchises

Crystal Dynamics will still work on the Perfect Dark reboot with The Initiative following news that the former studio will be acquired by Embracer Group.

Earlier today (May 2) it was announced that Square Enix has decided to sell much of its western development arm for around £240million ($300million USD), with that including Tomb Raider and Marvel’s Avengers developer Crystal Dynamics.

Since then, Xbox-owned studio The Initiative has quote tweeted Crystal Dynamics statement concerning the acquisition, confirming that the studio is still working on the upcoming Perfect Dark game.


“We’re excited to see Crystal Dynamics take these next steps with their studio. Our teams have made great progress in building Perfect Dark together as co-development partners, and we will be continuing this work with them in their next chapter.”

The deal is also set to include Square Enix Montréal, Eidos-Montréal and the Thief and Legacy Of Kain franchises.

Perfect Dark
Perfect Dark. Credit: The Initiative

The upcoming Perfect Dark game appears to be undergoing development troubles, as director Dan Neuburger left the studio in February and “fast and furious” losses were reported to be taking place there as well.

This news means that at present, Crystal Dynamics is supporting Marvel’s Avengers, co-developing Perfect Dark and in the early stages of a new Tomb Raider title.

As confirmed in April, the next Tomb Raider game will run on Unreal Engine 5 as Crystal Dynamics wants to “push the envelope of fidelity”.


“This new engine translates into next-level storytelling and gameplay experiences,” said franchise general manager Dallas Dickinson. “That’s why we’re thrilled to announce today that we’ve just started development of our next Tomb Raider game, powered by Unreal Engine 5.”

In other news, Psychonauts 2 is apparently developer Double Fine’s “best selling game” since it was released last year.

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