Sq. Enix bought three studios and a slew of main IP’s to The Embracer Group for $300 million, it was introduced at present, and you might be questioning what Sq. intends to do with its cash as soon as the deal closes.
In a press launch relating to the sale, Sq. Enix acknowledged that it’ll use the gross sales to maneuver ahead with “investments in fields together with blockchain, AI, and the cloud”.
The transfer is a part of its technique to remain updated, and “adapting to the adjustments underway within the world enterprise surroundings”.
Although for some followers, the furthering of investments into blockchain could also be disappointing, it shouldn’t in any respect be stunning. Sq. Enix president Yosuke Matsuda has been fairly vocal about his opinion on blockchain.
It’s a course that he clearly desires the corporate to go in, so extra investments in direction of blockchain and NFTs are extra seemingly from the writer.
Nonetheless it’s nonetheless unclear as to how that might take form.
Supply – [Square Enix]
