Microsoft garnished a big E3 presentation with the news that it had formed a new studio in Santa Monica called The Initiative, and perhaps more notably, bought four game developers. Ninja Theory (Hellblade, DmC), PlayGround Games (Forza Horizon), Undead Labs (State of Decay), and Compulsion Games (We Happy Few) are now under Microsoft’s aegis, part of a broad plan to bring more exclusive games to the Xbox One and Windows.

Being bought up by Microsoft should be a good thing for game studios. They’re now tethered to one of the titans of the game industry, and that cuts a sure course for success, doesn’t it? Well, if the fortunes of game development houses previously snatched up by Microsoft are any indication, a studio could face anything from hit games to complete annihilation.

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Source: IGN.com Here's What Happened To Every Studio Microsoft Has Bought