Microsoft Corporation acquired Playground Games, a transaction announced in June 2018.
Playground Games operates in Xbox Game Studios (Microsoft Studios), is based in Leamington Spa, United Kingdom. Playground Games is a U.K. studio (Leamington Spa) behind the acclaimed Forza Horizon open-world racing franchise, developed in partnership with Turn 10 Studios. Microsoft acquired it at E3 2018 for Xbox Game Studios to expand original-content development and the U.K. creative community.
Increase resources for original content and leverage the U.K. development community, building on a successful Forza partnership with Turn 10.
Advisory firms were not disclosed for this transaction.