Rare moves under Activision 24 years after losing bidding war

As part of Xbox's reshuffle, Rare has been moved under Activision. In 2002, Activision was among the bidders for the studio, but Microsoft acquired Rare for $375 million.

• Rare moved under Activision in Xbox reshuffle
• Microsoft bought Rare for $375 million in 2002
• Activision lost the bidding war for the studio then
• Rare now focuses on Sea of Thieves