"Microsoft's Gaming Industry Plans Revealed in FTC Hearing"
TL;DR Summary
Microsoft Gaming CEO Phil Spencer revealed that the company had discussions to acquire mobile game company Zynga before it was acquired by Take-Two Interactive. However, Microsoft ultimately decided to pursue a bigger opportunity in the mobile gaming business, which led to their recent acquisition of Activision Blizzard. Spencer cited Activision Blizzard's large portfolio and engagement in mobile gaming as key factors in the decision.
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