Today, it was officially announced that Luminous Productions, developer of the latest PlayStation 5 game, Forspoken, will merge with Square Enix.
In a press release released today, Square Enix Holdings, which oversees all of the company's businesses, including game development, publishing, manga, film, and more, announced that Luminous will merge with Square Enix Corporation. The statement read:
Square Enix Holdings Co. announces that it will merge its wholly-owned subsidiary Luminous Productions into its wholly-owned subsidiary Square Enix Co, Ltd. effective Monday, May 1, 2023. The merger is part of the company's efforts to enhance the competitive prowess of the group's development studios, a stated objective. It is part of the current mid-term corporate strategy.
Square Enix has a strong presence in the video game industry, with many AAA titles. While Luminous Productions began working on AAA titles, it began with Forspoken.
The company's investments do not stop at the development of top-notch games, as a large part of its investments were applied to the development of the Luminous game engine, which was used in the development of the latest game.
on his part, Luminous His own statement on Twitter stated that he is still working on Forspoken content, including a previously announced update aimed at improving the game's performance. In addition, the upcoming DLC, In Tanta We Trust, is scheduled for release this summer.
