This also meant Microsoft acquired the rights to Rare’s own original IP’s such as the Perfect Dark and Banjo-Kazooie franchises.Īn announcement on Apbrought news that Microsoft Game studios had purchased Lionhead Studios for an undisclosed sum, to further bolster the range of exclusive titles it could provide for the Xbox 360 platform.ĭuring May 2006 Microsoft also acquired Massive Inc, an in-game advertising company to provide addition revenues from their gaming platforms such as PCs and the Xbox 360.
In August 2002, MGS acquired Rare from Nintendo and the Stamper brothers (Chris and Tim), who owned 49% and 51% of the company respectively in what is believed to be one of the most expensive purchases of a video games development company yet, at a cost of around US 375 million. Microsoft Game Studios had acquired many game development houses such as the acquisition of Bungie Studios in 2001 which gave it full control of the studio and shifted the development of Bungie’s game Halo: Combat Evolved to its Xbox platform.
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