Microsoft CEO Satya Nadella broke her stoic silence on the company’s largest acquisition to date, telling Bloomberg that she is confident the deal will be completed despite the UK’s CMA reviewing the proposal again.
The last time Nadella spoke publicly and specifically about the Activision deal was earlier this year, when she commented on how the acquisition would help shape the competitive vision of the company’s metaverse. Three months ago during Microsoft BUILD, Nadella once again reiterated Xbox’s potential role in the company’s metaverse plans, but spoke more broadly during the keynote while keeping the spotlight on its $ 68 billion pending acquisition.
However, in a recent interview with Bloomberg, Nadella spoke again about the Activision Blizzard deal and specifically about the recent poll she is seeing in the UK.
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Of course, any acquisition of this size will come under close scrutiny, but we are very, very confident that we will make it.
Nadella also mentioned Sony’s recent spree, where the company acquired Firesprite, Fabrik Games, Bluepoint Games, Bungie and Savage Game Studios over the past year, as well as Microsoft’s relative position in the market between fourth and fifth place. in the standings. . video game market behind Sony, Tencent and Nintendo.
Considering all factors, Nadella encourages the UK to remain competitive, exclaiming: “So if it’s about competition, let’s give competition.”
Although Microsoft has repeatedly promised to uphold its contractual obligations to Sony in the event of the acquisition of Activision Blizzard, Sony continues to exploit the panic that the company may give up or terminate its relationship when it is legally authorized to do so.
Nadella also spoke about the direction the company is taking during what many believe will be a turbulent financial period.
The constraints are real. Inflation is definitely around us. I always come back to the fact that in times of uncertainty, in times of inflation, software is the deflationary force. [Microsoft is] ensure that our customers can do more with less. So, in terms of prospects, I’m optimistic about Microsoft’s value proposition. I am optimistic about our quota, but we are not immune to all those macroeconomic headwinds.
As international banks seek to curb a period of global inflation with rising interest rates, companies will quickly feel the impact as their interest on debt will begin to erode their profits and layoffs will become a tool. “.
Microsoft hasn’t done a massive downsizing yet, but if Activision Blizzard arrives in 2023, we could see the company reconsider employee consolidation.