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  Microsoft to Acquire Digital Anvil
Time: 09:32 EST/14:32 GMT | News Source: Microsoft Press Release | Posted By: Byron Hinson

Microsoft Corp. today announced it has reached a preliminary agreement to acquire Digital Anvil Inc., a premier games developer based in Austin, Texas. Under the terms of the pending acquisition, Microsoft would gain the rights to select Digital Anvil titles, including "FreeLancer," the highly anticipated space-combat simulation game, as well as a yet-to-be-announced title currently in development for the Xbox video game system, scheduled for release by Microsoft in fall 2001.

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