Xbox boss Phil Spencer feels good about Activision Blizzard acquisition progress

How close is Xbox to acquiring Activision Blizzard? At the moment, we have no idea… but Xbox boss Phil Spencer feels “good” about how far they’ve come in the process.

During an interview with Bloomberg, Microsoft’s gaming CEO gave something of an update on the upcoming deal that sees Microsoft own the beleaguered gaming company.

“I feel good about the progress we’ve been making, but I go into the process supporting people who are maybe not that close to the gaming industry and asking good, hard questions about ‘what’s our intention? What does this mean?” he said. “If you play it for five years, is this restricting a market? Is it growing a market?”

Of course, the deal has been under widespread scrutiny ever since Microsoft announced it would buy Activision Blizzard for $68.7 billion in January. The deal has already been investigated for possible insider trading, and the UK has since begun investigating the takeover to ensure the deal is good for consumers.

“I’ve never done a $70 billion deal, so I don’t know what my confidence means,” Spencer added. “I will say that the discussions we have had seem positive.”

If the deal goes through, Microsoft will own one of the world’s largest game studios. But don’t worry, the company assures consumers that console exclusives are “something we’ll see less and less of.”

“Maybe you in your household buy an Xbox and I buy a PlayStation and our kids want to play together and they can’t because we bought the wrong piece of plastic to plug into our TV,” he said. “We really love being able to bring in more gamers to reduce friction, make people feel safe when playing games, letting them find their friends, play with their friends, regardless of device, I think in the long run. that’s good for this industry. And maybe in the short term, there are some people in some companies who don’t love it. But I think as we get over the hump and see where this industry can continue to grow, it’s proven to be true.”

This isn’t the first time Spencer has hinted that console exclusivity is a thing of the past.

But more importantly, what is Microsoft going to do about Activision Blizzard’s troubling legacy of sexual misconduct and harassment allegations?

Activision Blizzard Lawsuit Timeline: The Story So Far

Be the first to comment

Leave a Reply

Your email address will not be published.