Microsoft has bought Tim Schafer’s Double Fine Studios

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Double Fine Studios – developer of Psychonauts, Costume Quest and Brutal Legend – has been snapped up by Microsoft. The annoucement was just made here in LA at Xbox's E3 2019 press conference.

It's the latest huge acquisition for Xbox Game Studios after last year's purchase of Ninja Theory, Playground Games, Undead Labs and Compulsion Games.

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Double Fine's next game is the long-awaited Psychonauts 2, which received a glorious new gameplay trailer during the show. Not a new Windows Excel, as Schafer joked on stage.

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