Flasch186
04-06-2006, 08:50 AM
Microsoft to Buy Lionhead Studios
1 hour, 42 minutes ago
REDMOND, Wash. - Microsoft Corp.'s video-game development arm said Thursday it is buying British game developer Lionhead Studios, creator of the "Fable" series for Microsoft's
Xbox console.
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The series has sold more than 2 million copies worldwide, according to the company.
Financial terms of the deal were not disclosed, but under the agreement, Lionhead will develop games exclusively for the Xbox 360 console and platforms operating on Microsoft's Windows operating system.
Shane Kim, general manager of Microsoft Game Studios, welcomed the company and its founder, Peter Molyneux, aboard.
"Peter Molyneux is one of the few true visionaries in our industry, and his joining us is incredibly important to the future of both interactive entertainment and MGS," he said in a statement.
Molyneux responded in a statement: "This acquisition gives Lionhead the stability and opportunity to focus on creating world-class next-generation titles."
I thought Bill was smarter than that
1 hour, 42 minutes ago
REDMOND, Wash. - Microsoft Corp.'s video-game development arm said Thursday it is buying British game developer Lionhead Studios, creator of the "Fable" series for Microsoft's
Xbox console.
ADVERTISEMENT
Click Here
The series has sold more than 2 million copies worldwide, according to the company.
Financial terms of the deal were not disclosed, but under the agreement, Lionhead will develop games exclusively for the Xbox 360 console and platforms operating on Microsoft's Windows operating system.
Shane Kim, general manager of Microsoft Game Studios, welcomed the company and its founder, Peter Molyneux, aboard.
"Peter Molyneux is one of the few true visionaries in our industry, and his joining us is incredibly important to the future of both interactive entertainment and MGS," he said in a statement.
Molyneux responded in a statement: "This acquisition gives Lionhead the stability and opportunity to focus on creating world-class next-generation titles."
I thought Bill was smarter than that