plans to acquire
, 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
game console. Financial terms of the agreement weren't disclosed.
Other game developers Microsoft has acquired include
FASA Interactive Technologies
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