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 is feeling “good” about how far they’ve come in the process.
During an interview with Bloomberg, the Microsoft CEO of gaming gave an update, of sorts, on the upcoming deal which see Microsoft own the beleaguered games company.
“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?” he said. “If you play it out over five years, is this constricting a market? Is it growing a market?”
Of course, the deal has been under widespread scrutiny since Microsoft announced it would purchase Activision Blizzard for $68.7 billion back in January. The deal has already been investigated for potential insider trading, and the UK has since begun probing the acquisition to ensure the deal is good for consumers.
“I've never done a 70 billion-dollar deal, so I don't know what my confidence means,” added Spencer. “I will say the discussions we've been having seem positive.”
If the deal does go through, it will see Microsoft own one of the biggest gaming studios in the world But don’t worry – the company assures consumers that console exclusives are “something we’re just going to see less and less of.”
“Maybe you happen in your household to 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 television,” he said. “We really love to be able to bring more players in reducing friction, making people feel safe, secure when they're playing, allowing them to find their friends, play
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