Square Enix report says the company could be preparing for acquisition by PlayStation

Earlier today, Square Enix sold Crystal Dynamics, Eidos Montreal and Square Enix Montreal to Embracer Group for $300 million. The acquisition caused a lot of uproar throughout the video game industry, and many critics expressed surprise that Square Enix was willing to abandon the studios for a relatively small number. Well, if the rumors are to be believed, there may be a reason behind the sale: Square Enix may be streamlining the company before the sale. Venture Beat’s Jeff Grubb has studied the possibility, saying tonight that he’s heard rumors…

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