Microsoft to Acquire Game Developer Digital Anvil
Microsoft
(MSFT) - Get Microsoft Corporation Report
plans to acquire
Digital Anvil
, a privately held game developer based in Austin, Texas.
Microsoft will gain the rights to select Digital Anvil game titles, including space combat simulation game FreeLancer, as well as a yet-to-be-announced title for Microsoft's
Xbox
game console. Financial terms of the agreement weren't disclosed.
Other game developers Microsoft has acquired include
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FASA Interactive Technologies
,
Access Software
and
Bungie Software Products
. The Xbox video game system is scheduled for release in the autumn of 2001.
Shares of Microsoft were recently trading up $3.31, or 5.9%, to $59.75 in
Nasdaq
trading.