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Microsoft has announced the purchase of Lionhead Studios, best known for Black & White and Fable. The studios were purchased for an undisclosed amount.
“We could not be more excited about being part of Microsoft Game Studios. They have long supported our creative vision, and this teamwork resulted in the hugely successful Fable franchise,” stated Peter Molyneux, Managing Director at Lionhead Studios. “This acquisition gives Lionhead the stability and opportunity to focus on creating world-class next-generation titles. We are joining some of the most incredible game creators in the industry, the combined talent of which will truly take next-generation gaming to a new level.”