Microsoft bought UK based Lionhead Studios, which is led by famous Peter Molyneux.
Peter Molyneux will be joining Microsoft as an employee after the acquisition.
Lionhead Studios develops Fable, Black and White and The Movies. Lionhead will now exclusively develop for the Xbox 360 and Windows PCs. No financial details have been revealed about the deal. More details on Reuters and on the Lionhead Studios site.
French Xbox Attitude has a podcast interview with Shane Kim, GM of Microsoft Game Studios about the Lionhead deal.
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