"This franchise, and these fans, are part of the soul of Xbox," said Phil Spencer, Microsoft's head of videogame development for the Xbox, in a statement. "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."
Gears of War, first released in 2006 for the Xbox 360, has sold 22 million units and grossed over $1 billion.
Moving forward, Microsoft's Black Tusk studio will lead GoW development, with a new title expected to be announced during the year.













