"Microsoft's Gaming Industry Plans Revealed in FTC Hearing"

TL;DR
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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- Microsoft confirms it thought about buying Zynga so it could enter the mobile games industry Neowin
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