Thursday, October 13, 2011

Microsoft Corporation (NASDAQ:MSFT) Buys Game Developer

Microsoft Corporation (NASDAQ:MSFT) has acquired Twisted Pixel. Microsoft
Corporation (NASDAQ:MSFT) Buys Game Developer In acquisition news released by
Microsoft Corporation (NASDAQ:MSFT), the company announced that it has acquired
game developer Twisted Pixel. Through this acquisition Microsoft Corporation
(NASDAQ:MSFT) will help the company become an exclusive developer of games for
the Xbox 360. Phil Spencer, corporate vice president, Microsoft Corporation
(NASDAQ:MSFT) Studios said, Twisted Pixel has an incredible track record of
innovative, critically acclaimed, and most importantly, fun, games. Microsoft
Corporation (NASDAQ:MSFT) Studios is home to cutting-edge entertainment
experiences, and the incredible creativity of the Twisted Pixel team will help
drive further innovation around Kinect and Xbox LIVE. Microsoft Corp.
(NASDAQ:MSFT) shares were at 26.96 at the end of the last days trading. Theres
been a 1.2% movement in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.77 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks
Rank: 20 out of 90 in the industry

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