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Microsoft Buys Rare

Posted by ryuzaki0 on from the rare-indeed dept.

Phwoar writes "Microsoft have announced their buyout of the games developer Rare. After a $375 million payoff Rare will now produce games solely for the Xbox. After Rare's recent releases for the Nintendo systems bombed, Nintendo decided to sell their 49% stake in the company last week rather than buy the company themselves. Google News has a nice collection of links to articles regarding the announcement." You might be reminded of Microsoft's purchase of Bungie a few years ago.

1 of 510 comments (clear)

  1. If you can't beat 'em, buy 'em. by cloudscout · · Score: 3, Flamebait

    It's an old story. Developers aren't exactly flocking to the XBox platform and most that do develop for the Xbox, also develop for the superior PS2 and GameCube platforms.

    It's a last-ditch effort by Microsoft to take control of more game developers in an attempt to slow their continued decline in 3rd place.