Xbox is Still Eyeing More Acquisitions, Phil Spencer Says

"When we can find teams and technology and capability that add to what we’re trying to do in gaming at Microsoft, absolutely we will keep our heads up," says the Microsoft Gaming CEO.

Posted By | On 13th, Nov. 2024

xbox game studios logo

Microsoft’s spree of studio and publisher acquisitions culminated in the company acquiring Activision Blizzard in a deal worth $69 billion, following which talk of further acquisitions has certainly cooled down at Xbox. It turns out, however, that continuing to add new teams to its first-party portfolio of gaming studios is something that Microsoft intends to continue doing.

That’s as per Microsoft Gaming CEO Phil Spencer, who said to Bloomberg that Xbox is still eyeing further acquisitions, with teams in Asia to add “geographic diversity” and mobile game studios in particular being considered.

“We definitely want to be in the market, and when we can find teams and technology and capability that add to what we’re trying to do in gaming at Microsoft, absolutely we will keep our heads up,” he said.

It’s worth mentioning, of course, that Microsoft did have an established Asian first-party studio until not that long ago in the form of Hi-Fi Rush and The Evil Within developer Tango Gameworks, which was shuttered by the company earlier this year, prior to the studio being revived and acquired by Krafton.

Tango Gameworks is one of several first-party studios at Microsoft that have suffered either significant layoffs or complete closures altogether in the last couple of years, so one would hope that the company prioritizes sorting out those issues before it moves ahead with adding more studios to its existing portfolio.


Keep On Reading!

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

RGG Studio's Riichiro Yamada also promises a "lot of side content", including "side quests with the old cast" ...

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

After announcing layoffs for 115 employees following the failure of Spellcasters Chronicles, developers are st...

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

What began as a humble series of animations by Jean Nguyen back in 2022 has evolved into a full-fledged PC tit...

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

An Xbox spokesperson said that recent estimates "don't represent pre-order data" and that people should "wait ...

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

A "source with knowledge of the plans" told The Hollywood Reporter that it's not on the cards, either at launc...

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

From changes in lighting due to nightfall or different types of rainfall and winds, the city looks better than...