Software provider Microsoft has acquired US-based game developer InXile Entertainment for an undisclosed amount, enabling Gumi Ventures, the venture capital arm of mobile gaming producer Gumi, to exit.
Founded in 2002, InXile develops role-playing games (RPGs) for the PC, consoles and the Oculus Rift virtual reality platform, and is best known for the Wasteland and The Bard’s Tale series.
Microsoft, the manufacturer of the Xbox game console, will add the studio to a growing stable of game developers and will provide the financial resources for InXile’s future projects, which have previously relied on crowdfunding capital.
The company’s first game, The Bard’s Tale, was launched in 2004. It is currently working on Wasteland 3 and will have access to Microsoft’s infrastructure and the Xbox network following the acquisition.
Gumi Ventures had invested $4.5m in InXile in July 2017 as part of a deal intended to partly fund development of a virtual reality-based RPG.