Microsoft has obviously been making big plays with studio acquisitions over the last few years, most notably with the Bethesda deal, which was finalized earlier this year. Even with that massive deal though, Microsoft still isn’t done. Xbox boss Phil Spencer said in late 2020 that Microsoft is “still out there looking for other teams”– and it’s possible that another one of those might be unveiled soon.
Over on Twitter, @IdleSloth84 posted images of a conversation on the Windows Central discord server, in which journalist Jez Corden claimed that, as per “very good” rumours, Microsoft has acquired a new IP and studio. Though Corden says that the acquisition isn’t necessarily “AAA-hype level stuff”, it’s likely that an acquisition will indeed be announced at E3.
Microsoft has a history of announcing some pretty major studio acquisition at events (including E3) over the last few years, of course, so this wouldn’t be unprecedented. Even so, until such time we hear something official, take this with a grain of salt. We’ll keep you updated on any new info that comes our way, so stay tuned.