Microsoft Corporation acquired Lionhead Studios, a transaction announced in April 2006.
Lionhead Studios operates in Microsoft Game Studios, is based in Guildford, England. Lionhead Studios was a leading video-game developer known for the Fable franchise and titles such as Black & White, Black & White 2 and The Movies, led by industry figure Peter Molyneux. Microsoft acquired it to secure creative talent and exclusive content for Xbox 360 and Windows.
To secure top creative talent — notably Peter Molyneux — and exclusive game content for the Xbox 360 and Windows platforms, strengthening the future of Microsoft Game Studios and interactive entertainment.
Peter Molyneux is one of the few true visionaries in our industry, and his joining us is incredibly important to the future of both interactive entertainment and MGS.Shane Kim, General Manager, Microsoft Game Studios
Advisory firms were not disclosed for this transaction.