GDC 08 (Rumor): Microsoft to Buy Epic Games?

Woah boy, here we go.

Word from GamePro editor Travis Moses is that Microsoft is looking to purchase Epic Games, the developer behind the lauded Unreal series and Gears of War, sometime this summer for around a billion dollars. Yes – 1 billion smackaronies.

The matchup would be a good move for Microsoft, who recently gave up their top developer, Bungie, shortly after the release of Halo 3. While pure speculation at this point, many believe that Epic will make some sort of announcement concerning a Gears of War sequel at this week’s Game Developers Conference.