Phil Spencer reportedly held an all-hands assembly this week to debate the UK’s determination to dam the Activision Blizzard deal, and Microsoft’s future gaming plans, which is able to transfer forward with or with out the acquisition
Earlier this week, the UK’s Competition and Markets Authority regulator denied Microsoft’s acquisition of Activision Blizzard for $69 billion. It’s a heavy blow for the tech big’s gaming plans. However, Phil Spencer has reportedly held an all-hands assembly for division workers, reassuring them that Microsoft nonetheless sees a means for the deal to be accredited and that the agency’s plans for Xbox transcend the Activision Blizzard deal and can proceed with or with out the Call of Duty writer.
Microsoft’s gaming plans would solely be sped up with Activision Blizzard
As reported by Bloomberg, an nameless supply has mentioned that Phil Spencer acknowledged Microsoft’s disappointment with the CMA’s ruling, which is able to sluggish the approval course of for its acquisition of Activision Blizzard, however has mentioned the corporate will proceed to pursue it. While bringing Activision Blizzard into the fold would pace up Microsoft’s gaming plans, it isn’t wholly consultant of the corporate’s technique, which is able to nonetheless go forward whether or not the acquisition goes via or not.
According to the supply, Amy Hood, Microsoft’s chief monetary officer, held a gathering with the corporate’s senior management workforce the identical day, and Microsoft president Brad Smith was up at 2am Seattle time writing a response to the UK’s CMA.
Despite the CMA’s ruling, Microsoft has penned one other 10-year cloud gaming deal for Xbox and Activision video games, which comes as no shock as the corporate is making ready to attraction the ruling.
