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All In One Tech News Channel
All In One Tech News Channel
It has been more than a year since Microsoft first announced its intention to acquire Activision Blizzard, one of the world’s leading game developers, for $68.7 billion. that the merger of the two companies would harm competition in the gaming market.
Apparently, Microsoft still hasn’t been able to convince regulators to approve the deal. Of course, Microsoft Gaming CEO Phil Spencer is still hopeful to finalize the Activision Blizzard acquisition, but he does acknowledge that the deal could fall through.
“This is an important acquisition for us. This is not some kind of long-term pivot – Xbox will continue to exist even if this deal does not take place, ”said Phil Spencer.
Simply put, the deal with Activision Blizzard is really important for Microsoft, although the company is also ready for a negative result, and, according to Phil Spencer, this will not affect the future of Xbox in any way.
But many industry experts aren’t so sure about the future of Microsoft’s gaming division. VGC Portal Owner and Editor Andy Robinson thinksthat Microsoft could sell the Xbox division if the deal with Activision Blizzard is not completed.
It’s hard to imagine that the company’s management will decide on such a step, given the investments that have been made in Xbox in recent years. But given the current economic situation in the world, such a scenario no longer seems impossible.