Microsoft has said it is moving away from acquiring new developers.

Speaking at an X019 media briefing - as reported by VGC - head of Xbox Games Studios Matt Booty said that the firm is shifting more towards delivering projects. The company has bought several developers in the last two years, including Ninja Theory, Obsidian, Playground and Double Fine, as well as establishing new developer The Initiative in Santa Monica.

“Recently we’ve been shifting our focus inside Xbox Game Studios from acquisition and growth, to a phase of execution and delivery,” Booty said.

“Recently we got all 15 of our studio heads together in New York City. They came together in a meeting and it was a really humbling and inspiring experience for me, to be with these 15 creative leaders that represent over 300 years of experience with game design and production.

“From Brian Fargo at InXile, to Bonnie Ross who runs Halo, to Tim Schafer at Double Fine, to Helen Chang who runs Minecraft… seeing these leaders come together to share ideas and expertise really gives me confidence going forward in what we’re doing.”