After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft’s takeover of Activision Blizzard worth the hassle. Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. It marks a career-defining moment for Spencer, who first joined Microsoft as an intern in 1988 and has helmed Xbox since 2014. After years of lagging behind rival Sony’s PlayStation, acquiring Activision’s collection of popular game titles gives Microsoft a rare chance to catch up.
Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
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Noah Berger/AP
File - Xbox CEO Phil Spencer arrives at the Phillip Burton Federal Building and U.S. Courthouse on June 28, 2023 in San Francisco. After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. (AP Photo/Noah Berger, File)
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