Deals
Microsoft Divests Video-Game Studio Behind ‘Skylanders’ Hit
People play the Skylanders game in Los Angeles.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Microsoft Corp. is divesting the Toys for Bob video-game studio two decades after its Activision subsidiary purchased the developer of Skylanders and other titles.
Toys for Bob heads Paul Yan and Avery Lodato wrote in a blog post Thursday that the business will operate as an independent studio and that they’re looking for a “possible partnership” with Microsoft. Financial terms weren’t disclosed.