In a surprising announcement during the Xbox E3 2018 briefing, Xbox head Phil Spencer revealed that Microsoft has acquired several game development studios to be a part of the Microsoft Studios family, and the company has also created a brand new studio based in Santa Monica, named The Initiative.
The announcement reinforced the idea that Xbox is all-in on games and is focused on delivering quality experiences that people can return to “not just for ten hours”, according to Spencer, but for ten, twenty, even thirty years to come.
The reveal of the newly-acquired studios also comes on the heels of many gamers frustrated by delayed console exclusives like Crackdown 3; underwhelmed by the lackluster experience of Sea of Thieves; annoyed that highly-anticipated games like Scalebound were canceled altogether. Acquiring new studios will hopefully prove to be a great investment for the Xbox and its dedicated fans in the long run. Hopefully, it will even be able to attract new gamers into the Xbox ecosystem. Check out the list below of Microsoft’s newly-acquired studios:
This is definitely a big move for Microsoft, and will be great in building the Xbox’s library of games. Keep checking for more E3 2018 news here!
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