According to a report from Kotaku’s Jason Schreier, technology titan Microsoft is in talks to acquire independent development house Obsidian Entertainment.

Obsidian is the esteemed studio responsible for 2010’s Fallout: New Vegas and more recently, the crowdfunded Pillars of Eternity Series. Old school fans may remember a certain iconic Star Wars RPG, Knights of The Old Republic II which dropped in 2005 and is still revered as a cult classic.

If true, this would be another sizable acquisition for Microsoft, a company that has previously snapped up Mojang, Rare, Turn 10 and 343 Industries, but more recently picked up Playground Games, Ninja Theory and Undead Labs all in the past year.

Sources told Kotaku that the deal is “a matter of when not if” and is very close to being made public. Obsidian has previously suffered some financial trouble earlier in the decade before its successes with Pillars of Eternity. Clearly, this would provide the studio with some stability and heaps of resources from one of the ‘Big 3’.

This would be a clever pick up for Microsoft who need a storied RPG developer to bolster their output in the genre.

An Obsidian spokesperson had this to say to Kotaku… “Unfortunately, we don’t comment on rumors or speculation other than to say that the Rumors album by Fleetwood Mac still holds up.”

Dad jokes aside, this deal would mean that we could see Obsidian working on major franchises once more thanks to Microsoft’s backing. Perhaps a new Fallout spin-off? We know the fans want it…