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Activision acquires Rare 24 years after initial bidding war

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SummarySYNTHESIZED

Activision has acquired Rare, 24 years after Xbox outbid the publisher for the studio in 2002. The move is part of Microsoft's recent reshuffling and job cuts. Rare, known for titles such as Sea of Thieves and the Banjo-Kazooie series, now falls under the Activision banner alongside other classic platforming icons, Retro Gamer reports.

Metro UK analyzed the 24th anniversary of Microsoft's acquisition of Rare, arguing it was an ominous sign for Xbox's current struggles. The outlet detailed Rare's history, its shift from Nintendo exclusivity to Xbox, and a subsequent decline in quality and sales, culminating in its current state under Activision with a focus on Sea of Thieves.

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