Report: Embracer shuts down studio that worked closely with games like Fable

Embracer has shut down Onoma, a studio previously known as Square Enix Montreal, according to information obtained by Bloomberg’s Jason Schreier. This may affect several games that the studio was working on and has reportedly already canceled an unannounced game in development.

This move comes just a few months after Embracer acquired the studio. In the acquisition, Embracer’s deal bought it Crystal Dynamics, Eidos-Montreal, and Square Enix Montreal, now known as Onoma.