Microsoft Acquires Four Studios and Opens a New One

Hellblade developer Ninja Theory and four others acquired by Microsoft

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But the Xbox company is working to change that coming out of the Electronic Entertainment Expo trade show in Los Angeles where it revealed it has five new studios making exclusive Microsoft games.

Xbox head Phil Spencer announced Sunday that Microsoft has acquired Ninja Theory, Playground Games, Undead Labs and Compulsion Games. "We've been given the freedom to explore, try new things and operate like an independent studio, with the backing from one of the biggest companies in the world to do something bold and different".

Undead Labs has been taken over by Microsoft as well, following the recent success of State of Decay 2. He announced a new studio, The Initiative, to be led by Darrell Gallagher.

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After years of announcements, updates, and delays, Compulsion Games' story-focused survival adventure game We Happy Few will be releasing on PC, PlayStation 4, and Xbox One on August 10, later this year. If rumors are correct, that other game could be a full-fledged Fable game.

Spencer said that not only will the developer continue to work on the Forza Horizon franchise, but it will also "bring its open-world expertise to a brand-new project".

Hellblade studio Ninja Theory has also been snapped up by Microsoft, presumably to make some exciting first-party action games for Xbox.

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