Microsoft Boosts Game Development, Acquires Bungie Software

Microsoft today announced the purchase of Bungie Software Products Corp., an independent developer of computer and video games. Bungie developers will become a division of Microsoft Games and release titles for Microsoft's upcoming Xbox video game platform. The team will also release the currently-in-development title, "Halo" for the Xbox. Although specifics surrounding the deal were not disclosed, Microsoft said it included buying 19.9% of Bungie Software from game distributor Take-Two Interactive. This acquisition follows last year's purchase of FASA Interactive Technologies Inc. and Access Software Inc. Visit Blue's News for an interview with Bungie. For more information on the deal, visit Microsoft PressPass.