Microsoft acquires a whole bunch of game studios
Summary
Microsoft kept the gaming announcements coming at its Xbox E3 press conference where it announced a series of studio acquisitions meant to bolster the original gaming content emerging from the console maker.Xbox head Phil Spencer announced Sunday that Microsoft has acquired Ninja Theory, Playground Games, Undead Labs and Compulsion Games.Playground Games, started in 2010, is the developer behind the Forza racing series and has been a long-time Xbox partner.Ninja Theory has designed titles including Hellblade, Undead Labs has released the State of Decay series, and Compulsion Games is working on its new title We Happy Few which will launch this year.The new studios will all be housed beneath the Microsoft Studios brand alongside a new venture called The Initiative led by former Crystal Dynamics head of studio Darrell Gallagher.
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