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Phil Spencer, Microsoft’s Player No. 1

In January he negotiated the biggest deal in company and video game history, the $69 billion takeover of Activision Blizzard.

Phil Spencer started gaming in the era of cartridges and floppy disks; he even sold them at a place called Computer Mart before joining Microsoft Corp. as an intern in 1988, doing software development for Windows. Now he’s in charge of the company’s top consumer business, best known for franchises such as Halo and Gears of War.

Acquiring Activision, the maker of megahits Call of Duty and Candy Crush, catapults Microsoft to No. 3 on the list of biggest global gaming companies, behind Tencent Holdings Ltd. and Sony Group Corp., according to the company. (The Federal Trade Commission is now seeking to block the deal, and Microsoft declined to comment on a previous forecast that it would close by mid-2023.) The opportunity for Spencer—who previously acquired Mojang Studios, maker of Minecraft, and Bethesda Softworks LLC, the company behind Elder Scrolls and Fallout—came about after sexual harassment and discrimination claims against Activision sank the company’s stock price and pushed the board to entertain offers. A lawsuit by the US Equal Employment Opportunity Commission over some of the claims was settled in March for $18 million. The company denied any wrongdoing.

Last edited by Ryuu96 - on 14 December 2022