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Who Owns Rare After the Xbox Reset?

Sea of Thieves Gold and Glory September 2026

Who Owns Rare After the Xbox Reset has a simpler answer than the restructuring headlines suggest: Microsoft still owns Rare. The September 22 changes move Rare under Activision’s remit inside Microsoft, but Xbox does not announce a sale or transfer of ownership outside the company.

The key to Who Owns Rare After the Xbox Reset is separating ownership from management structure. Activision is itself part of Microsoft, so putting Rare under Activision’s organisational remit changes which business unit oversees the studio without turning Rare into an independently owned company.

Who Owns Rare After the Xbox Reset? Microsoft still owns Rare

Who Owns Rare After the Xbox Reset?

Image credit: Microsoft / Xbox.

The official Xbox reset memo says Activision will expand its remit to Rare and World’s Edge. It does not say Microsoft is selling Rare.

Rare therefore remains within Microsoft’s gaming organisation while reporting through a different internal structure.

Does Activision own Rare now?

Not as a separate outside owner. The answer to Who Owns Rare After the Xbox Reset remains Microsoft because Activision is part of Microsoft.

The September wording is about remit, meaning organisational oversight and publishing alignment rather than a new third-party acquisition.

What happens to Sea of Thieves?

Sea of Thieves is Rare’s major live franchise, but the memo answering Who Owns Rare After the Xbox Reset does not announce a cancellation, developer replacement or transfer to another named team.

The confirmed change is Rare’s position under Activision. Our existing Sea of Thieves Golden Legends Sweepstakes guide covers the current live game rather than the corporate structure.

Why is Rare moving under Activision?

Xbox frames the wider reason behind Who Owns Rare After the Xbox Reset as reducing business units, aligning teams that work closely together and concentrating publishing expertise.

It does not provide a Rare-specific performance explanation, so blaming one Sea of Thieves result would be speculation.

Is World’s Edge moving too?

Yes. The same paragraph that answers Who Owns Rare After the Xbox Reset says Activision’s remit expands to World’s Edge as well as Rare. World’s Edge is closely associated with Age of Empires.

Is Rare becoming a Call of Duty studio?

No such change is announced. Who Owns Rare After the Xbox Reset is about business-unit oversight. Xbox does not say Rare is being converted into a Call of Duty support team.

The memo separately says Activision’s new Halo team will be purpose-built and separate from ongoing Call of Duty work.

Does Rare still exist as a studio?

Yes. Xbox names Rare directly as a studio moving under Activision’s remit. Nothing in the announcement answering Who Owns Rare After the Xbox Reset says Rare is being dissolved.

How is Rare different from Undead Labs?

This is where Who Owns Rare After the Xbox Reset is easiest to understand. Undead Labs has actually completed a separation from Xbox and is now independent and employee-owned. Rare has not.

Rare stays inside Microsoft. Undead Labs no longer does.

How does Rare connect to Halo?

Rare and the next Halo game both sit inside Activision’s expanded role after the reset. That does not mean Rare is making Halo. Microsoft assigns Halo to a new purpose-built Activision team.

See Who Is Making the Next Halo Game? and our Xbox Reset overview for the complete structure.

Current Rare ownership status

The current answer to Who Owns Rare After the Xbox Reset is Microsoft. Activision now has organisational remit over Rare, but no external sale or independent spinout has been announced.

If ownership changes later, that would be a separate event. The September 22 change is an internal reorganisation.

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