inXile Entertainment Completes Acquisition by Microsoft
Represented inXile Entertainment Inc. in connection with its acquisition by Microsoft Corp (NAS: MSFT). The acquisition will aid in Microsoft’s quest to become the “Netflix of video game streaming and original content.” Financial terms of this transaction were not disclosed.
Founded by Brian Fargo in 2002, inXile Entertainment is an Orange County role-playing video game developer. Before inXile, Mr. Fargo was the founder of Interplay, a historically important developer and publisher, which launched many of the most critically lauded and popular video game franchises of all-time, including Fallout, Wasteland, The Bard’s Tale, Baldur’s Gate, and Planescape: Torment, and fostered amazing talent that led to such companies as Blizzard Entertainment, Obsidian, and BioWare.
We could not be happier to have Microsoft’s support to allow us to keep making the games we love,” Fargo told GamesBeat. “They offer us the most precious thing a developer could have, time and resources. I’m energized like I’ve never been before.
