Microsoft announced a multitude of acquisitions at Xbox's E3 2018 presentation. Four established studios and one newbie are now under the Microsoft Studios banner.
The studios Microsoft acquired include Playground Games (Forza Horizon), Ninja Theory (Hellblade), Undead Labs (State of Decay 2), and Compulsion Games (We Happy Few). A new studio was announced too: The Initiative.
We'll have more info about the acquisitions and their projects as time goes on! For now, hop over to our E3 2018 guide for everything you need to know about the show.