About This Deal

Microsoft Corporation acquired Playground Games, a transaction announced in June 2018.

Playground Games operates in Xbox Game Studios (Microsoft Studios), is based in Leamington Spa, United Kingdom. Playground Games is a U.K. studio (Leamington Spa) behind the acclaimed Forza Horizon open-world racing franchise, developed in partnership with Turn 10 Studios. Microsoft acquired it at E3 2018 for Xbox Game Studios to expand original-content development and the U.K. creative community.

Increase resources for original content and leverage the U.K. development community, building on a successful Forza partnership with Turn 10.

Deal Terms

Acquirer
Microsoft Corporation
Target
Playground Games
Value
Not disclosed
Date
June 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Leamington Spa, United Kingdom
Segment
Xbox Game Studios (Microsoft Studios)
Announced
June 10, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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