Microsoft have just announced that they have acquired the ‘Gears of War’ franchise from Epic Games. This includes rights to all existing Gears of War games and future titles. What is more, relatively unknown development studio Black Tusk, based in Vancouver, is currently working on a new game for the series.
Phil Spencer, Corporate VP of Microsoft explains why they wanted to acquire the series:
It all comes back to our commitment to Xbox fans. The “Gears of War” franchise has a very strong, passionate and valued fan base on Xbox. Over twenty-two million units have been sold across all “Gears of War” titles worldwide, grossing over $1B dollars (US). This franchise, and these fans, are part of the soul of Xbox. By acquiring this franchise, Microsoft Studios will continue to offer them more of their favorite games and entertainment experiences from the “Gears of War” universe.
Epic Games released the following statement after the announcement was made by Microsoft:
“Epic Games has reached an agreement to sell the ‘Gears of War’ intellectual property rights to Microsoft. We’re very proud of the franchise we built in close partnership with Microsoft over the past decade and are happy that this agreement enables Microsoft to forge ahead with the ‘Gears’ universe on their industry-leading platforms as Epic concentrates its efforts on new projects,” said Epic founder and CEO Tim Sweeney. “Epic remains totally dedicated to supporting Xbox One and is licensing the Unreal Engine 4 technology to Microsoft in support of their future projects.
No news on the new game but Microsoft says it will do so later this year.