The Embracer Group recently completed the acquisition of Square Enix’s western studios, namely Crystal Dynamics, Eidos Montreal, and Square Enix Montreal.
Of the ones mentioned above, Tomb Raider currently has a new game in development at Crystal Dynamics, though reports have suggested that Eidos Montreal is working on a new IP.
Crystal Dynamics recently published an update on its website in which it confirmed that it now owns the Tomb Raider and Legacy of Kain franchises, which also includes gameplay and personal data for those games.
The Embracer Group has previously said of the two studios’ franchises that in addition to sequels, it will also look to develop remasters, remakes, and spinoffs.