Uh wow! Microsoft is throwing that money everywhere at E3 this year.
On stage Microsoft boss Phil Spencer announced that not only are they creating a new Santa Monica studio called “The Initiative,” but they’ve also acquired Playground Games, Undead Labs, Compulsion Games, and Ninja Theory.
That’s quite a lot of IPs that Microsoft just…owns now, and it’s weird to think that they now have their hands in so many franchises, all in an instant.
Source: Destructoid Microsoft announces new studio ‘The Initiative,’ acquires Playground Games, Compulsion Games, Undead Labs, and Ninja Theory