US computer software giant Microsoft Corp announced that it has agreed to buy BigPark Inc., an interactive online game company based in Vancouver, Canada. However, Microsoft did not disclose any financial details of the agreement. More information about the agreement is expected at the video game industry’s annual E3 Expo in June.
BigPark’s team of game developers will be brought into Microsoft gaming division to produce exclusive games for Xbox entertainment system( Xbox 360), the company said. BigPark already has been working with Microsoft over the past year on a game for the Xbox.
BigPark was founded in 2007 by former executives of Electronic Arts Inc and Distinctive Software Inc. BigPark’s founding team is composed of business leaders with over 80 years of collective experience in the video game industry, having produced or overseen blockbuster franchises including “Need for Speed,” “FIFA Soccer,” “NBA Street” and “SSX”.