Microsoft Goes Bungie Jumping

By Richard Black | June 20, 2000
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Microsoft (MSFT) acquires Bungie Software
* Amount: Undisclosed
* Terms: n/a
* Premium: n/a
* Industry: Content/Communities
* Scorecard: B+
REDMOND, Wash., June 19--Software giant Microsoft said it bought Bungie Software Products for undisclosed terms, that some analysts have estimated to be between $20 million and $40 million. Microsoft said it is gaining exclusive publishing and distribution rights to select titles of closely-held Chicago-based Bungie's computer and video games to its personal computers and Xbox video game consoles.

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