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Microsoft Acquires Video Game Powerhouse Rare Ltd. is the press release that finally confirms long-standing rumors that the software giant has acquired the developer famed for its Nintendo titles, something that had basically already been confirmed by Nintendo (story). Here's a bit from the release that provides the staggering nine-figure price tag for the transaction, as well as confirmation of suspicions that Rare will now focus exclusively on Xbox content:
Meanwhile, Computer and Video Games has posted some details on Rare's upcoming Xbox projects.
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