Embracer Group reportedly has 11,152 developers working on 224 unique video games.
The collapse of the deal led to a major rescope at Embracer Group, and the closure of some divisions.
TimeSplitters studio Free Radical has reportedly been confirmed to be facing imminent closure.
Saber Interactive will reportedly become a privately-owned company in future.
A new Lord of the Rings MMORPG is in the works, helmed by Amazon Games, developer of the highly successful MMORPG New World.
The Tomb Raider studio is reportedly undergoing restructuring as Embracer Group looks to cut costs.
The Swedish publisher says it has plans to exploit The Lord of the Rings franchise 'in a very significant fashion' with new video games.
Square Enix is selling its Western game studios Eidos, Crystal Dynamics, and Square Enix Montreal to the Embracer Group behemoth.
The long-in-development remake may not see the light of day.
Embracer Group announced the decision as part of its company restructuring program.
