What happens if Microsoft's proposed $69bn buyout of Activision Blizzard falls through, as seems distinctly possible fo…
It's a question Xbox boss Phil Spencer reportedly answered to staff at an all-hands meeting on Thursday, according toAccording to Bloomberg, Spencer stressed Microsoft remains committed to getting the deal over the line while acknowledging the damaging impact of this week's events. The company, alongside Activision Blizzard, plans to appeal.
Specifically, Activision Blizzard-owned Candy Crush maker King was viewed as a key component in Microsoft's gaming strategy, which includesacross mobile devices. Microsoft currently has limited gaming presence on mobile. "Look, we're a strong company," Kotick insisted."And I think, you know, whether the deal goes through or not and we have every expectation of it going through but if it does not, we continue to operate as an independent company.
"You know, fair competition should start in the countries that we operate in, like the UK and the US. And I think that, you know, we should be more focused on things like a reciprocal trade framework that will actually allow us to compete in countries like China and in Japan more effectively. Not preventing competition."
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