Microsoft buys fabled U.K. game studio
C|Net | at | by Mike
Microsoft has acquired Lionhead Studios, whose founder, Peter Molyneux, is one of the best-known independent video game developers in the business.
The acquisition was announced jointly Thursday by Microsoft Game Studios and U.K.-based Lionhead, the developer of such hit titles as "Fable," "The Movies," "Black White" and others.
The integration of the two outfits is official as of Thursday, the companies said. They would not disclose the financial terms of the deal.
The idea, the companies say, is that Lionhead will begin creating games exclusively for the Xbox 360 and Windows platforms. And that makes sense, say industry observers, because Lionhead and Microsoft Game Studio already had a close working relationship, what with the Xbox- and Windows-only "Fable" selling more than 2 million copies to date.