Microsoft acquires a whole bunch of game studios

The company unveiled a hefty slate of big games at its annual pre-E3 press conference, including Halo Infinite, a new installment in the Xbox's biggest franchise, shooter Gears of War and the racing game Forza Horizon 4.

Microsoft has officially announced Halo Infinite, and released its announcement trailer. As someone whose console is collecting dust due to a lack of foresight or ambition from Microsoft, this barrage of exciting news could just make a true fan of me again.

Microsoft has been stepping up its gaming investments over the past few years.

O'Connor also revealed in a couple subsequent posts that Halo Infinite will feel like a new adventure and be a good starting point for newcomers to the saga.

Financial details of the acquisitions of Playground Games, Ninja Theory, Undead Labs, and Compulsion Games were not disclosed.

The new studio is called The Initiative and is spearheaded by Darrell Gallagher, who has previously worked at Crystal Dynamics.

"We embarked on a quest to find creative teams that have the mastery of our art", Spencer said. Most notably, it served as a tone piece that seems to be teeing up that more poignant and substantial narrative we so desperately had hoped would form the basis of Halo 5 Guardians.

Microsoft have been on the back foot with first party exclusives for a long time, but at E3 Phil Spencer made a big statement for the future of Xbox. Spencer said the company was working on new console platforms and didn't elaborate.

Engineers at Microsoft are now working the next version of the company's Xbox console.

E3 2018 coverage at GameSpot: Wall-to-wall coverage of the show from our sister site, GameSpot. While under its former parent GameFly, the team developed technology to stream PC games to Samsung and LG smart TVs, along with Amazon's Fire TV devices.

Vanessa Coleman

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