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Rare Survived 40 Years and $375M Microsoft Buyout, but a New Rumor Says Its Time May Be Up

Characters from Rare games, including Banjo-Kazooie and Conker, are positioned against a 'Sea of Thieves' backdrop with the Rare and Microsoft Studios logos.

Xbox's dreaded mass layoffs and closures are now imminent (they should be formalized this week), and according to a new rumor, they might impact even Rare. The news comes from a reputable source: journalist Patrick Garratt, cofounder of VG247 and now Editor in Chief of Knowledge, EDGE's weekly newsletter. The latest newsletter that went out a couple of days ago included this mention: Microsoft's Xbox division is bracing for potentially far-reaching layoffs as early as next week. According to The Verge, as many as five studios could be closed as a result, including Lyon-based Dishonored developer Arkane. Rumours suggest that […]

Read full article at https://wccftech.com/rare-40-years-375m-microsoft-buyout-rumor-closure/

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