Microsoft was looking at acquiring both Bungie and Sega, according to internal documents from the, Xbox chief Phil Spencer wrote to both Microsoft CEO Satya Nadella and Microsoft CFO Amy Hood, requesting a strategy approval to approach Sega Sammy over a potential acquisition of its Sega gaming studios.
“We believe that Sega has built a well-balanced portfolio of games across segments with global geographic appeal, and will help us accelerate Xbox Game Pass both on and off-console,” said Spencer in the November 2020 email.Microsoft believed a Sega acquisition would drive Xbox Game Pass subscriptions across PC, console, and cloud.
It’s not clear what happened with the Sega acquisition and whether Nadella ultimately approved talks. But in a Microsoft internal April 2021 merger review document, Sega was still listed as a key target. Microsoft had identified key areas for acquisitions in PC, mobile, and console across different markets, and Sega, Bungie, Zynga, and IO Interactive were part of a number of companies Microsoft was seriously looking at acquiring.
Source: Entertainment Trends (entertainmenttrends.net)
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: engadget - 🏆 276. / 63 Read more »
Source: bleedingcool - 🏆 20. / 69 Read more »
Source: BGR - 🏆 234. / 63 Read more »
Meta takes on PS Plus and Xbox Live Gold with Quest+ subscription | Digital TrendsThe new Meta Quest+ subscription will give players two VR games every month, starting with Pistol Whip and Pixel Ripped 1995.
Source: DigitalTrends - 🏆 95. / 65 Read more »
Barbie Xbox Series S Turns Console into a Pink Playhouse AccessoryBarbie is getting her own bright pink Xbox Series S to coincide with the upcoming Greta Gerwig-directed movie.
Source: comingsoonnet - 🏆 578. / 51 Read more »
Source: TheStarPhoenix - 🏆 253. / 63 Read more »