In a blog post published after the event, 343 Industries explained, "The Slipspace Engine demo shown at the E3 2018 briefing is the culmination of years of work and is infused with the passion of hundreds of people here at 343 Industries".
Unless Elsa and co are only gracing the Xbox gamers with their chilly presence, we already know that Kingdom Hearts 3 is a multi-platform game coming to PC, Xbox One and PS4.
It's not clear how the game will play out - the teaser is extremely broad.
343 Industries is busily working on the next Halo game, which is codenamed "Infinite".
Playground Games, started in 2010, is the developer behind the Forza racing series and has been a long-time Xbox partner. Now our job is to get the gears in motion on new games for Xbox fans.
The four acquisitions mark a major expansion of Microsoft Studios in a move to ensure that Xbox has plenty of games made for the gaming console, and by the team behind the console. One of the first battle royale games, "Battlegrounds" is adding new environments and game modes, including a team-based "war mode". By entering into a letter of intent to acquire Undead Labs, Microsoft is signaling its commitment to growing the franchise and taking the zombie survival-fantasy genre to newheights.
Hopefully Microsoft learned their lesson with the abysmal story in Halo 5: Guardians and go back to narratives that actually have weight and character development. You might have noticed that Master Chief's helmet looks a bit different, too, and this is meant to display the game's new art style. We are thrilled to welcome five new studios into the Microsoft family. Where can we take gaming next. Tell us in the comments section!
Whether or not David Wise is actually involved with the game remains to be seen, however. The company planned to release the system as an always-connected device that would have special features for sharing digital games.
"We will join Master Chief on his greatest adventure yet to save humanity", said Xbox chief Phil Spencer after the trailer aired.