Friday, May 08, 2009

Microsoft buys Gaming Tech Startup BigPark

Microsoft Corp. announced its intent to acquire BigPark Inc., an interactive online gaming company based in Vancouver.

BigPark was founded in 2007 by a group of industry veterans who led the creation and growth of two hugely successful software companies, Distinctive Software Inc. and Electronic Arts Canada. 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."

"We are delighted by the opportunity to welcome the BigPark team into Microsoft Game Studios," said Phil Spencer, general manager, Microsoft Game Studios. "The team is composed of some of the most experienced and creative minds working in the industry today. The combination of the BigPark and Microsoft Game Studios talent pools will be an accelerant for growth and innovation. We believe BigPark has tremendous potential to create new properties and innovative gaming experiences for our platforms, one of which we're looking forward to showcasing at the E3 Expo in June."

BigPark was founded by Wil Mozell, Erik Kiss, Hanno Lemke and Don Mattrick before Mattrick assumed the role of senior vice president of the Interactive Entertainment Business at Microsoft. Mattrick's role as an investor in BigPark was fully disclosed to Microsoft before he joined the company, and his ongoing involvement as chairman of BigPark was approved pursuant to the Microsoft Standards of Business Conduct.

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