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Microsoft Acquires Video Game Powerhouse Rare Ltd. | |
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| Time: 16:24 EST/21:24 GMT | News Source: Microsoft Press Release | Posted By: Byron Hinson | ||
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Microsoft Corp. today announced it has purchased U.K.-based Rare Ltd., one of the worlds leading video game developers, further demonstrating Microsofts commitment to providing the most innovative interactive experiences available on its Xbox video game system. Rare has been the mastermind behind some of the most popular video games in history, including such global multimillion sellers as GoldenEye 007, Perfect Dark, Banjo-Kazooie and Donkey Kong 64. Under terms of the $375 million cash transaction, Rare will today begin creating exclusive console gaming blockbusters for Xbox. | ||
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