Microsoft Goes Bungie Jumping

 Microsoft (MSFT) acquires Bungie Software

   *  Amount:         Undisclosed

   *  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.

 

 AT&T Wireless (AWE) to acquire wireless systems