Xbox's Phil Spencer Is Feeling Good About The Activision Blizzard Buyout Going Through
Microsoft Gaming boss Phil Spencer has commented on the company's proposed acquisition of Activision Blizzard, saying he feels good about the progress that's been made on the deal so far.
Speaking to Bloomberg, Spencer said those scrutinizing the deal that he's been dealing with, some of whom «aren't as close to the gaming industry,» are asking «good, hard questions» about what Microsoft's intent is for seeking to buy Activision Blizzard. They are asking questions like "'What does this mean?' 'If you play it out over five years, is this constricting a market?' 'Is it growing a market?'"
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Spencer went on to acknowledge that he's never been part of such a massive deal, «so I don't know what my confidence means.» That being said, Spencer said, «I will say the discussions we've been having seem positive.»
The $75 billion deal has been approved by Microsoft and Bethesda, but it's still awaiting approval from regulatory bodies around the world. Just recently, Saudi Arabia approved the deal, but the deal remains pending in the US, UK, and other places around the world.
Should the deal go through, Microsoft will not only acquire Call of Duty, Overwatch, Diablo, World of Warcraft, Candy Crush, and all other Activision Blizzard franchises, but also all of its developers. Microsoft will also take on some of Activision Blizzard's reputation, which has been negatively affected of late due to reports of sexism and abuse.
Spencer said he
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