Square-Enix isn’t on the verge of collapse – yet – but its investments in North American game developers, namely, the purchase of Eidos, may seem like a regrettable move. Despite selling over three million copies of both Hitman: Absolution and Tomb Raider, games with long and expensive development cycles, Square-Enix suffered a $105 million loss this year.
Now, we liked Tomb Raider and from what Kelly played of Hitman: Absolution, it seemed favorable. Eidos, the former parent company of these franchises, plus Deus Ex: Invisible War and the upcoming Thief reboot, was not in great shape when Square-Enix purchased them in 2009, but the company wanted to get a bigger piece of the international pie and Eidos seemed like the easiest fit. Perhaps they simply let the games cook too long? Hard to say, but Square-Enix has a hard road ahead as they announce a massive restructure.