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Microsoft acquires a whole bunch of game studios – TechCrunch

Microsoft kept the gaming announcements coming at its Xbox E3 press conference where it announced a series of four studio acquisitions meant to bolster the original gaming content emerging from the console maker.

Xbox head Phil Spencer announced Sunday, that they have acquired Ninja Theory, Playground Games, Undead Labs and Compulsion Games. The four studios will add to Microsoft’s considerable heft in first-party game development. The new studios will all be housed beneath the Microsoft Studios brand alongside a new venture called Initiative Games.

Playground Games is the developer behind the Forza racing series, Ninja Theory has designed titles including Hellblade and Devil May Cry, Undead Labs has released the State of Decay series, and Compulsion Games is working on its new title We Happy Few.

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