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Microsoft Xbox Chief Is Looking for Acquisitions in Social, Casual Games
The company also wants to geographically diversify chip sources to ease console shortages in the future.
Phil Spencer during the 2019 Consumer Electronics Show in Las Vegas.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Microsoft Corp.’s Xbox and gaming chief, Phil Spencer, is on the lookout for acquisitions, and he particularly wants to spend to boost the company’s presence in social and casual games.
“When I think about the kinds of genres that are usually associated with Xbox, yes, we have Roblox, we have Minecraft, we have FIFA and Fortnite, but we want to continue to invest in more social, casual content that’s out there,” Spencer said in an interview at the Paley International Council Summit. “We have a lot of ambition.”