Microsoft is buying Obsidian and the deal is ’90 percent done’
10 October, 2018, 15:25 | Author: Sammy Rose
According to a recent report from Kotaku, Microsoft is in the final stages of acquiring Obsidian Entertainment and that the negotiotiations are "90% complete". Said a second person: "It's a matter of when, not if". The studio was saved from closure, however, by the success of its crowdfunded project "Pillars of Eternity" in 2015, which raised almost $4 million.
In late 2017, Obsidian announced that it was developing a new RPG that would be published by Private Division, a label of 2K Games created to fund mid-sized games.
At the moment not much else is known about the supposed buyout with a Microsoft spokesperson saying to Kotaku that they "do not comment on rumours or speculation".
When reached for comment, both Microsoft and Obsidian refused to comment on rumors or speculation. The companies did not say anything about which consoles the RPG will be available on, and it isn't clear how this sale will affect that game.
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Microsoft announced various other studio acquisitions at E3 2018, such as Ninja Theory, The Initiative, Undead Labs, Playground Games, and Compulsion Games.
Neither Microsoft nor Obsidian are commenting about the potential acquisition at this time.
By grabbing a studio like Obsidian, Microsoft would be expanding its game-related portfolio of companies, and it would offer a new option for developing future Xbox and PC titles, especially those in the RPG genre. A series of cancelled projects reportedly led to major financial troubles in 2012. "People want to play great games on our platform".
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