2023-04-28 09:52:00
Microsoft executives have held an internal meeting with company staff to discuss the blocking of the CMA, the UK’s highest competition body, to the acquisition of Activision Blizzard. Phil Spencer has ensured that success in the gaming sector does not depend exclusively on the agreementalthough the purchase would accelerate to achieve the vision that is had for Xbox.
As reported BloombergPhil Spencer -head of Xbox- said he understood the disappointment in the company following the news was released this week, but that the decision will only slow down the approval process. The intention to acquire the publisher does not suffer and in fact today it has announced an agreement with the Spanish cloud gaming company Nware; We remind you that the problems that the CMA sees are more oriented towards “fear that the operation will alter the future of the cloud gaming market, which would reduce innovation in it and the possibilities of choice for British players in the coming years” than to the criticisms that Sony had raised in recent months regarding Call of Duty on consoles.
The sources of this medium assure that Spencer requested a meeting and explained how the president Brad Smith worked until dawn to give an answer to the British organization. Amy Hood, the chief financial officer who oversees acquisitions, he also held a meeting on the same day.
“Far from saying the last word,” according to Activision Blizzard’s Bobby Kotick
“The Xbox boss said the acquisition would accelerate Microsoft’s plans in video games, but that it does not represent the company’s entire strategy and will continue [con el plan] even without Activision“, says this medium. The decision will be appealed and it is not firm, but it does delay the possible purchase.
Microsoft looking to expand Xbox Game Pass subscription and the number of monthly active players with popular products on each device, be it console, PC or mobile. Activision Blizzard has sagas like Call of Duty, World of Warcraft o Candy Crushto name just some of the best-known series from Activision, Blizzard and King.
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