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Phil Spencer Is Looking for Acquisitions in Social, Casual Games

IbizaPocholo

NeoGAFs Kent Brockman

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.”

Spencer said a robust acquisition environment in gaming is important to companies like Microsoft looking for the right content, but also to support a stream of innovative creators who see the possibility for financial reward in an industry that can be tough to break through. Microsoft has spent more than $10 billion in the past seven years purchasing video-game companies including Minecraft maker Mojang and Bethesda Softworks.

“Part of creating a studio is the idea that at some point I'll be able to financially exit and realize the risks that I took and see the benefit of that,” he said. “It’s a two-sided economy of creators starting new teams, taking risks doing new things, seeing that to completion, and then those studios becoming part of something bigger.”

With Microsoft still unable to meet Xbox console demand because of a shortage of chips, Spencer said the company is looking for ways to geographically diversify where the hardware is made to avoid these kind of issues in the future.

“Diversifying the supply chain is something that we've really been looking at at Microsoft and Xbox and making some decisions with our supply chain partners to ensure that no one global situation can pinch the supply as much as it has for us over the last 18 months,” he said. Microsoft will invest to get “fabrication built in different locations.”

“We need to be in a position where we continue to deliver product to customers. That’s my responsibility,” he said. “I don’t get to use supply chain as an excuse in the long run.”
 

ManaByte

Gold Member
Bloomberg - Are you a robot?
 

DaGwaphics

Member
Seems like they have an eye out for anything and everything if the right fit comes along. I'm sure they'd love to have their own Fortnite on GP, what platform holder wouldn't.
 

kingfey

Member
Please phil, gives the fucking remaster for Rare games.

You are sitting on mountain gold of IP. Nobody gives a shit about buying studios. Give us those games. Especially that fucking blue dragon game.
Master Chief Halo Infinite GIF by Halo
 
All good by me. Games like Among Us, Gang Beasts, Ultimate Chicken Horse, Golf with Friends, Jackbox, Sea of Thieves, The Ascent and more have been a blast with friends and family.
 

K2D

Gold Member
Good marked for making social games, between FaceMeta, Phil & Xbox, and hopefully PS and PSVR2..
 

Pejo

Member
Let's try to shark tank him on the Kinect 3 while he's at it. People have been using them to identify dancing ghosts for the past 3-4 years. There's gotta be a market for dancing ghosts in the xbox ecosystem.
 
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