Square Enix Limited (formerly Domark Limited and Eidos Interactive Limited) is a British subsidiary of the Japanese video game company Square Enix, acting as their European publishing arm. The company formerly owned '' Tomb Raider'', which was in development under CentreGold in 1996, and had acquired Crystal Dynamics in 1998, among numerous other assets, until 2022. Square Enix Limited and fellow group company Square Enix Incorporated shared "Phil" Rogers as CEO and other executives from 2013 to 2022. The company was founded as Domark in 1984 by Mark Strachan and Dominic Wheatley. In 1995, it was acquired by Eidos plc and merged with Simis and Big Red Software to create the subsidiary Eidos Interactive the following year. Ian Livingstone, who held a stake in Domark, became

deputy chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of Eidos and stayed in various roles, until his departure from the company in 2013. In 2005, Eidos plc was in turn acquired by British games publisher SCi. The combined company, SCi Entertainment Group, which was briefly renamed Eidos, was bought by Square Enix in 2009. In November 2009, Square Enix completed the merger of its existing European branch with Eidos Interactive, trading the resulting company as Square Enix Limited, which assumed the trade name Square Enix Europe. In August 2022, Embracer Group completed its acquisition of studios Crystal Dynamics, Eidos-Montréal and Square Enix Montréal and intellectual properties '' Tomb Raider, Deus Ex'' among other assets, with Rogers and management moving to Embracer. Square Enix Limited contains Square Enix's Western external publishing division, Square Enix External Studios, and indie initiative division, Square Enix Collective. It is headquartered in Southwark, London (Square Enix London) and has offices in

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...

, France (Square Enix France) and

Hamburg Hamburg (, ; nds, label=Hamburg German, Low Saxon, Hamborg ), officially the Free and Hanseatic City of Hamburg (german: Freie und Hansestadt Hamburg; nds, label=Low Saxon, Friee un Hansestadt Hamborg),. is the List of cities in Germany by popul ...

, Germany (Square Enix Germany).

History

Foundation as Domark (1984–1995)

Square Enix Limited was founded as Domark by Mark Strachan and Dominic Wheatley in 1984. For Christmas 1983, Wheatley (the grandson of the writer Dennis Wheatley) had visited his family, where he saw his brother play ''

The Heroes of Karn ''The Heroes of Karn'' is a 1983 adventure game written by Ian Gray. It was released by Interceptor Micros for the Commodore 64, Amstrad CPC and ZX Spectrum. Music was written by Chris Cox. The Spectrum and Amstrad versions were adapted by David M ...

'' on a newly purchased Commodore 64. He was impressed with the game and felt that many more ordinary people, not just those who work with computers professionally, would start acquiring computers and games for them. When he returned to his job as a junior account executive at Garden—a small

advertising agency An advertising agency, often referred to as a creative agency or an ad agency, is a business dedicated to creating, planning, and handling advertising and sometimes other forms of promotion and marketing for its clients. An ad agency is generally ...

based in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

—in early 1984, he spoke to his colleague Strachan and floated the idea of setting up a company to publish games from third-party developers. Strachan initially declined but later saw that many retailers in the city had sold out of ZX Spectrum models, which he felt signalled great interest in video games. Strachan and Wheatley, at the time aged 24, subsequently quit their jobs and founded Domark, forming a

portmanteau A portmanteau word, or portmanteau (, ) is a blend of wordsadventure game '' Eureka!'', hired the Hungarian developer Andromedia, and brought in Ian Livingstone as its writer. Strachan and Wheatley further devised a competition in which a telephone number would be shown upon completing the game, and the first person to call it would win . Through friends, family, and other acquaintances, they raised , more than enough to finance the project. Domark released the game later in 1984, marketing it through Concept Marketing, another firm set up by Strachan and Wheatley. Impressed with the company's operations, Livingstone invested in Domark. ''Eureka!'' sold 15,000 copies. Domark were unsure what project to pursue next; Strachan and Wheatley had a contact in the estate of Ian Fleming and approached them with the idea of producing a video game based on ''

James Bond The ''James Bond'' series focuses on a fictional British Secret Service agent created in 1953 by writer Ian Fleming, who featured him in twelve novels and two short-story collections. Since Fleming's death in 1964, eight other authors hav ...

''. In 1985, Domark obtained a licence to '' A View to a Kill''. Despite delays caused by scope creep, the eponymous game was released later in 1985 and was "actually quite successful", according to Wheatley. Domark found further success with computer conversions of

board game Board games are tabletop games that typically use . These pieces are moved or placed on a pre-marked board (playing surface) and often include elements of table, card, role-playing, and miniatures games as well. Many board games feature a co ...

s: ''

Trivial Pursuit ''Trivial Pursuit'' is a board game in which winning is determined by a player's ability to answer trivia and popular culture questions. Players move their pieces around a board, the squares they land on determining the subject of a question ...

'' was becoming increasingly popular, so Domark got into contact with Leisure Genius, which had found success with board game conversions. The team at Leisure Genius believed a conversion of ''Trivial Pursuit'' was infeasible and thus gave way to Domark, who hired Oxford Digital Enterprises to develop it. Released in 1986, the ''Trivial Pursuit'' sold roughly 2 million copies. The success allowed Domark to move into proper offices and hire more employees. Domark released further ''Trivial Pursuit'' and ''James Bond'' games in the years following. The company also got into arcade game conversions in 1987 when Wheatley, alone at the Consumer Electronics Show in

Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Veg ...

, encountered Manlio Allegra, an agent for companies including Atari Games. Allegra wanted Domark to produce conversions for as many games as possible but Wheatley claimed that the company had only to spend. Allegra then went through a list of games to be licensed at low prices and Wheatley stopped him when he mentioned the '' Star Wars'' trilogy of games. They agreed on a license for Wheatley's claimed budget. To have the games developed, Domark brought in a German programmer who had previously brought them to the Amiga. Domark released its versions later in 1987, and they became so successful that the first royalty cheque paid to Atari Games two months later amounted to . Impressed with this return, Atari Games hired Domark as the exclusive partner for computer conversions of arcade games. With sufficient funds, the company published various games through the rest of the 1980s. It set up an internal development team, The Kremlin, within its Putney headquarters in 1990 and expanded to 20 employees by 1992. In the same year, Livingstone was named Domark's executive chairman, while Wheatley moved with his wife and two children to the US to better manage the company's American contacts. A US subsidiary for Domark was formally established in

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Cou ...

in 1993. By 1994, Domark was struggling financially, and the company soon went public. Shortly thereafter, Strachan and Wheatley encountered Charles Cornwall, the founder of Eidos, a company that developed video compression software for platforms like the Acorn Archimedes. Eidos had no sales at that time, so the two companies agreed to a

reverse merger takeover A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public compan ...

: The companies merged, and Domark's public entity was legally renamed Eidos, with Domark's operations aligned as a subsidiary of the newer Eidos. The deal was announced in September 1995 as an acquisition of Domark (alongside Simis and Big Red Software) by Eidos for . In the same year, Strachan left Domark.

Transformation into Eidos Interactive (1995–2005)

On 31 May 1996, Simis and Big Red Software were merged into Domark to create Eidos Interactive. Eidos Interactive acquired CentreGold in April 1996 for . CentreGold consisted of distributor CentreSoft and publisher U.S. Gold, which included subsidiaries Core Design and

Silicon Dreams Studio Silicon Dreams Studio Limited was a British video game developer based in Adderbury, England. History Silicon Dreams Studio was founded by Geoff Brown in March 1994 as the in-house development team for video game publisher U.S. Gold, also fo ...

. The latter would be re-acquired by its founder, Geoff Brown, through newly founded Geoff Brown Holdings, on 16 December that year. The Eidos Interactive acquisition was months prior to the release of '' Tomb Raider'' by Core Design, which CentreGold had acquired two years prior. After ''Tomb Raider'', in 1997, Wheatley left the company to move back to the UK and focus on other projects. In 2003, Eidos founded Beautiful Game Studios, which continued its Championship Manager series after splitting with previous developer Sports Interactive. In March 2005, Eidos admitted that cash reserves had dwindled to during the second half of 2004, and pre-tax losses had grown to . On 21 March 2005, Eidos received a takeover bid from Elevation Partners, the

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

firm owned by former

Electronic Arts Electronic Arts Inc. (EA) is an American video game company headquartered in Redwood City, California. Founded in May 1982 by Apple employee Trip Hawkins, the company was a pioneer of the early home computer game industry and promoted the ...

president

John Riccitiello John Riccitiello () is an American business executive who is chief executive officer (CEO) of Unity Technologies. Previously, he served as CEO, chief operating officer and president of Electronic Arts, and co-founded private equity firm Elevat ...

and with a number of notable partners, including U2's lead singer Bono. This takeover valued the company at , and would inject in order to keep the company from

bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debto ...

in the short term. Elevation stated it plans to take Eidos private for some years to focus on game creation and release schedules and its offer was initially recommended by Eidos's board.

Acquisition by SCi (2005–2009)

The following day, 22 March, Eidos received a second takeover bid from the British games manufacturer SCi. The company offered , and tabled a restructuring plan to cut from annual costs. To fund this takeover, SCi proposed to sell worth of stock. Eventually, in late April, Elevation Partners formally withdrew its offer, leaving the way clear for SCi. The Eidos plc takeover was finalized on 16 May 2005, with SCi merging itself into Eidos Interactive's parent, renaming it SCi Entertainment Group Limited. After the SCi purchase, former Eidos management board quit. SCi left its Battersea Office and moved into the old Eidos Interactive office on the second floor of Wimbledon Bridge House, 1 Hartfield Road, Wimbledon.

Ars Technica ''Ars Technica'' is a website covering news and opinions in technology, science, politics, and society, created by Ken Fisher and Jon Stokes in 1998. It publishes news, reviews, and guides on issues such as computer hardware and software, sc ...

interviewed former Core Design Studio Manager Gavin Rummery in 2015, who said the studio pitched a Tomb Raider remake for the game's 10th anniversary to SCi in 2005. Rummery stated that SCi loved the project, but Crystal Dynamics had their own demo, which then convinced SCi to cancel Core's project. In May 2006, Rebellion Developments acquired Core Designs' assets and staff, while the Core brand and intellectual property, including Tomb Raider, remained in SCi's possession. In December 2006, Warner Bros. licensed classic properties to SCi, while investing for 10.3% of SCi shares. In February 2007, SCi/Eidos announced a new studio in

Montreal Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple- ...

, Quebec, which was later named Eidos-Montréal and developed a new game in the ''Deus Ex'' franchise. In February 2007, it acquired Rockpool Games, along with its two sister companies Ironstone Partners and SoGoPlay. In April 2007, SCi/Eidos acquired Bluefish Media and Morphene. In 2008, Rogers stated they want to be a "leaner and fitter company", as well as "studio-led". They moved "certain functions" from the United Kingdom to Quebec, Canada, partially due to economic advantages offered by Montreal's government. On 4 September 2007, the board of SCi Entertainment stated that the company has been approached with a view to making an offer, which has been subject to speculation. On 10 January 2008, SCi announced take over and/or merger talks had been halted. As a result, the share price dropped by over 50%. Shareholders called for the resignation of key personnel, including

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

(CEO) Jane Cavanagh, over this issue as well as delays to key titles. On 18 January 2008, Jane Cavanagh, Bill Ennis and Rob Murphy left the company. During SCi 2008 financial report, losses were at , which newly appointed CEO Phil Rogers, a former Electronic Arts executive, stated were due to the reconstructing plans. On 19 September 2008, SCi/Eidos opened a

Shanghai Shanghai (; , , Standard Chinese, Standard Mandarin pronunciation: ) is one of the four Direct-administered municipalities of China, direct-administered municipalities of the China, People's Republic of China (PRC). The city is located on the ...

-based studio, Eidos Shanghai, consisting of a small team to build up relations in Asia. In 2008, SCi/Eidos set up an entity, which later became Square Enix London Studios in their Wimbledon headquarters. In December 2008, SCi rebranded as Eidos plc. Rockpool Games was closed in 2009.

Acquisition by Square Enix (2009–2022)

In February 2009, Square Enix reached an agreement to purchase renamed Eidos plc for , pending shareholder approval, with an initial aim of fully buying Eidos Interactive on 6 May 2009. The offer was backed by majority stakeholder Warner Bros. The date was brought forward, and Square Enix officially took over Eidos on 22 April 2009. Square Enix initially stated that it would let Eidos remain structured as it was at the time of its takeover. In July 2009, it announced that it would merge Eidos with its own pre-existing European subsidiary, Square Enix Limited (itself established in December 1998). The merger would create a new entity, tentatively titled Square Enix Europe. The merger was completed on 9 November 2009 with the Square Enix Europe name being permanently retained as the resulting company name. The company continued to managed its own Western Studios and Eidos Montreal retained its name. With the 2013 restructuring of Square Enix, it was hit by layoffs and Rogers became CEO of Americas and Europe. In 2014, Square Enix Collective launched, an indie developer service provider headed by Phil Elliot. Around 2015, Square Enix's Western divisions began "officially working across LA and London". In January 2017, Norwegian studio Artplant purchased former Eidos franchise

Project I.G.I. ''Project I.G.I.'' (released in North America as ''Project I.G.I.: I'm Going In'') is a tactical first-person shooter video game. It was developed by Innerloop Studios and released in December 2000 by Eidos Interactive. The game received mixed r ...

. In November 2017, Square Enix stopped publishing the ''Hitman'' franchise and sold the IP to game developer IO Interactive. In September 2018, COO Mike Sherlock died, with Square Enix's executive team assuming his immediate responsibilities. In 2018, Square Enix branded their external publishing division Square Enix External Studios, which is headed by Jon Brooke and Lee Singleton. John Heinecke was appointed as CMO for Americas and Europe in October 2018. In June 2020, Square Enix donated $2.4 million to charities around their Western studios and offices, which were partially raised from sales of its discounted Square Enix Eidos Anthology bundle. A new mobile studio called Square Enix London Mobile, working on '' Tomb Raider Reloaded'' and an unannounced title based on ''Avatar: The Last Airbender'' with Navigator Games, was announced on 20 October 2021.

Studios and other assets acquired by Embracer Group (2022–present)

In May 2022, Square Enix announced to sell several of Square Enix Europe's assets to Embracer Group for . These includes development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, and intellectual properties such as ''Tomb Raider,'' ''Deus Ex, Thief, Legacy of'' ''Kain'' alongside "more than 50 back-catalogue games", with the deal expected to be completed in the second quarter of Embracer's financial year. On 20 May 2022, Embracer Group stated an said that the announcement of this acquisition got an "overwhelming and positive response". The deal was completed on 26 August 2022. Embracer announced that the subsidiaries and IPs would form as their 12th operative group, under the leadership of Phil Rogers and his management, and was later given the name of CDE Entertainment. After the sale of those assets and studios, Square Enix Europe will continue with its own projects and publishing games from external studios including ''Outriders'', ''Life Is Strange'' and ''Just Cause''. Eidos Shanghai was transferred to Gearbox Entertainment and rebranded as Gearbox Studio Shanghai in November 2022 by Embracer Group.

Studios

* Square Enix Collective, founded in 2014. * Square Enix External Studios

Former studios

* Beautiful Game Studios in

, England; founded in 2003. * Core Design in

Derby Derby ( ) is a city and unitary authority area in Derbyshire, England. It lies on the banks of the River Derwent in the south of Derbyshire, which is in the East Midlands Region. It was traditionally the county town of Derbyshire. Derby g ...

, England; founded in 1988, CentreGold subsidiary, sold to Rebellion Developments in 2006. *

Eidos Hungary Eidos Hungary (formerly Mithis Entertainment) was a Hungarian video game developer based in Budapest, Hungary. History The company was founded as Mithis Entertainment in March 2002 by former Philos Laboratories employees. Between 2002 and 20 ...

Budapest Budapest (, ; ) is the capital and most populous city of Hungary. It is the ninth-largest city in the European Union by population within city limits and the second-largest city on the Danube river; the city has an estimated population o ...

, Hungary; founded in 2002, acquired and renamed in 2006, closed in 2009. * Eidos Studios Sweden in Helsingborg, Sweden; acquired in 2006. * Morpheme Wireless in

, England; founded in 1999, acquired in 2007. ** Gimme5Games in

, England; acquired in 2007, sold to its management in 2009. * IO Interactive in

Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan a ...

, Denmark; founded in 1998, acquired in 2004, sold to its management in 2017. ** Hapti.co in

, Denmark; founded in 2012, sold off with IO Interactive in 2017. * Ion Storm in

Dallas, Texas Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County ...

, U.S.; founded in 1996, acquired in 1999, closed in 2005. * Pivotal Games in

Bath Bath may refer to: * Bathing, immersion in a fluid ** Bathtub, a large open container for water, in which a person may wash their body ** Public bathing, a public place where people bathe * Thermae, ancient Roman public bathing facilities Plac ...

, England; founded in 2000, SCi subsidiary, closed in 2008. * Rockpool Games in

Manchester Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The ...

, England; founded in 2002, acquired in 2007, closed in 2009. *

in Adderbury, England; founded in 1994, CentreGold subsidiary, sold to its management in 1996. * Toys for Bob in Novato, California, U.S.; founded in 1989, Crystal Dynamics subsidiary, sold to its management in 2002. * Crystal Dynamics in

Redwood City, California Redwood City is a city on the San Francisco Peninsula in Northern California's Bay Area, approximately south of San Francisco, and northwest of San Jose. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a ...

, U.S.; founded in 1992, acquired in 1998, sold to Embracer Group in 2022. ** Crystal Northwest in

Seattle, Washington Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region ...

, U.S.; founded in 2018. ** Crystal Southwest in

Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...

, U.S.; founded in 2021. * Eidos-Montréal in

, Canada; founded in 2007, sold to Embracer Group in 2022. ** Eidos-Shanghai in

, China; founded in 2008 and part of Eidos-Montréal since 2019. ** Eidos-Sherbrooke in

Sherbrooke Sherbrooke ( ; ) is a city in southern Quebec, Canada. It is at the confluence of the Saint-François and Magog rivers in the heart of the Estrie administrative region. Sherbrooke is also the name of a territory equivalent to a regional cou ...

, Canada; founded in 2020. * Square Enix Montréal in

, Canada; founded in 2011, sold to Embracer Group in 2022, later shut down. ** Square Enix London Mobile; founded in 2021

Games published

Notes

References

External links

*
Archive of Eidos Interactive's corporate website
{{Authority control Companies based in the London Borough of Southwark Square Enix * British companies established in 1984 Video game companies of the United Kingdom Video game companies established in 1984 1984 establishments in England Video game development companies 2009 mergers and acquisitions British subsidiaries of foreign companies