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Meet Microsoft games chief Phil Spencer, who helped drive $69 billion Activision deal - TL;DR CNBC

Meet Microsoft games chief Phil Spencer, who helped drive $69 billion Activision deal

Publishing timestamp: 2023-10-17 10:37:39


Summary

Microsoft's acquisition of video game publisher Activision Blizzard for $69 billion demonstrates the company's commitment to gaming and its recognition of the industry's potential. The deal marks a significant shift for Microsoft, whose core business is not gaming, and shows that gaming is now central to the company's future. The article also discusses the role of Phil Spencer, head of Microsoft's gaming division, in driving the deal and his previous involvement in other major gaming acquisitions. Despite regulatory pushback and uncertainties, Microsoft's acquisition of Activision Blizzard signifies its determination to compete with Sony and Nintendo in the gaming market.


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Keywords: satya nadellabreaking news: technologyenterprisemicrosoft corptechnologybusiness newssony group corpgaming softwarebusiness

Source: https://www.cnbc.com/2023/10/17/microsoft-games-boss-phil-spencer-drove-69-billion-activision-deal.html


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