The Xbox 360 era is officially over

After more than 10 years, the era of the Xbox 360 is officially over.

Microsoft announced Wednesday it will stop production of the video game console. The company will continue to sell any remaining Xbox 360 consoles available at retailers until they are gone.

"The Xbox 360 helped redefine an entire generation of gaming at Microsoft," said Phil Spencer, the head of Microsoft's Xbox division, in a statement. "I am incredibly proud of all of the work and dedication that went into development of the Xbox 360 hardware, services and games portfolio over the last decade."

Spencer says Microsoft will continue to support the device, allowing users to maintain access to the Xbox Live network and call for any technical issues. The company will also continue to sell games while supplies last.

The successor to the original Xbox helped cement Microsoft as a key player in the video game market. As of 2014, sales of the Xbox 360 topped 84 million worldwide.

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