Microsoft Corporation acquired Double Fine Productions, a transaction announced in June 2019.
Double Fine Productions operates in Xbox Game Studios, is based in San Francisco, California, United States. Double Fine Productions is a video game development studio led by Tim Schafer, known for inventive titles such as Psychonauts, Brutal Legend and Broken Age. Microsoft announced its intent to acquire the studio to join Xbox Game Studios, citing its nearly two-decade reputation for original, player-centric games.
Expand Xbox Game Studios' first-party creative output with a studio known for unique, original single-player experiences.
That's why I'm honored today to announce our intent to acquire legendary game development studio Double Fine Productions.Will Tuttle, Xbox Wire
Advisory firms were not disclosed for this transaction.