Tuesday, 24 November 2020

Microsoft keen to acquire Warner Bros. gaming unit: Report

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  • IANS | 5 months ago
San Francisco, July 7 : Microsoft has expressed interest to acquire the gaming division of Warner Bros. to expand the game-making capabilities of its Xbox group, The Information reported.

The development comes even when ATiamp;T, the parent company of Warner' Bros., has not yet made up its mind fully to sell the business, said the report on Monday which cited two people familiar with the situation.

Warner Bros. Interactive Entertainment, or WB Games, is known for publishing the "Batman Arkham" series, "Middle-Earth Shadow of Mordor," many "Lego" and "Harry Potter" games, "Mortal Kombat," and "The Witcher 3 Wild Hunt", TheStreet reported.

The unit consists of game-development studios spread across the U.S., Canada and Britain.

According to a report in CNBC last month, ATiamp;T was discussing a sale of the Warner Bros. gaming unit in an around $4 billion deal.

Take-Two Interactive Software, Electronic Arts and Activision Blizzard all expressed interest in buying the gaming division, which cited people familiar with the matter.

The reports did not cite any official confirmation from any side.

Microsoft keen to acquire Warner Bros. gaming unit: Report

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