Earlier this week, The Game Business reported that Obsidian Entertainment was in talks with Xbox to avoid closure, though this was later denied by Bloomberg reporter Jason Schreier.
In these uncertain times, it’s essential to exercise caution. Reports are sometimes inaccurate, and Microsoft also tends to change course quickly. So, what follows should be taken with a grain of salt.
On the social network Bluesky, Patrick Garratt shared yet another piece of bad news. The editor-in-chief of Edge magazine’s Knowledge newsletter reports that Rare is also reportedly affected by the restructuring initiated by Xbox. The British studio behind Sea of Thieves is reportedly currently up for sale.
It’s worth noting that Rare had already taken a hit in July 2025 with the cancellation of its new franchise Everwild.
- Security Camera Installation – indoor/outdoor IP CCTV systems & video analytics
- Access Control Installation – key card, fob, biometric & cloud‑based door entry
- Business Security Systems – integrated alarms, surveillance & access control
- Structured Cabling Services – voice, data & fiber infrastructure for new or existing builds
- Video Monitoring Services – 24/7 remote surveillance and analytics monitoring
Author: 360 Technology Group
