Xbox head Phil Spencer “encouraged” by progress in Activision deal, still looking to acquire more

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Published onAugust 24, 2022

published onAugust 24, 2022

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Microsoft’s Chief Executive Officer of Gaming over at Xbox Phil Spencer recently sat down for aninterview with Emily Changof Bloomberg Studio 1.0. During the interview Spencer expressed optimism about the fate of the company’sacquisition of Activision Blizzardearlier this year, saying,

I feel good about the progress that we’ve been making, but I go into the process supportive of people who maybe aren’t as close to the gaming industry asking good, hard questions about ‘what is our intent? What does this mean? If you play it out over five years, is this constricting a market? Is it growing a market?

Just days ago Saudi Arabia’s General Authority for Competition Enforcement became thefirst such governing body to approve the deal.

تعلن#الهيئة_العامة_للمنافسةعن عدم ممانعتها من إتمام عملية التركز الاقتصادي بين:-مايكروسوفت كوربوريشن-أكتيفيجن بليزارد إنكpic.twitter.com/lo5scC3F7k

— الهيئة العامة للمنافسة (@SaudiGAC)August 21, 2022

Spencer also suggested that Microsoft’s buying spree may not yet be over once the purchase of Activision Blizzard is complete.

I’m always thinking about things that add to our capability. Even though we’ve worked on our geographic expansion, I’d still say we have too many of our creators in places that are our traditional markets.

Could another major acquisition come on the heels of the Activision Blizzard deal? Only time will tell. The full interview will be broadcast on “Bloomberg Studio 1.0” at 9pm Eastern Time.

Featured image courtesy of bloomberg.com.

Robert Collins

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