Phil Spencer on Xbox’s future if Activision buyout falls through

A new report published by Bloomberg has detailed how Microsoft is internally describing the deal to buy Activision Blizzard for $68.7 billion, after the British regulator blocked the acquisition.

Bloomberg’s sources allege that Xbox chief Phil Spencer held an all-hands meeting on Thursday, describing how chairman Brad Smith was hard at work on a response to the regulator, noting also that other chief executives such as Chief Financial Officer Amy Hood, are also working to make the purchase happen.

Spencer reportedly said that while Activision “accelerates” the Xbox vision, it is not the entire Xbox vision. Spencer stressed that Xbox’s strategy will go ahead even if things go wrong with the Activision acquisition. Microsoft reportedly declined to comment on the meeting.

The UK blocked the purchase over fears it would “alter the future of the cloud gaming market, leading to reduced innovation and fewer options for UK gamers over the next few years”.

Microsoft has been closing deals to distribute its games on various cloud services, most recently with the Spanish company Nware, in order to allay concerns from regulatory agencies about this.

Via windows center