Updated 2:10 p.m., with additional details
Microsoft said on Thursday it intends to acquire BigPark, a Vancouver, B.C.-based game studio.
BigPark, which is made up of former Electronic Arts Canada and Distinctive Software executives, has been working on an Xbox-exclusive game over the past year.
"We believe BigPark has tremendous potential to create new properties and innovative gaming experiences for our platforms, one of which we're looking forward to showcasing at the E3 Expo in June," Microsoft game studios boss Phil Spencer said in a statement. The company did not disclose financial terms … Read more