Internal documents revealed during the Microsoft vs FTC hearing shed some light on the company's acquisition plans.
During the ongoing Microsoft vs. Federal Trade Commission (FTC) hearing over its acquisition of Activision Blizzard, a fascinating internal document had surfaced, indicating that the corporation planned to acquire Sega, Bungie, IO Interactive, and many other companies to boost the growth of Xbox Game Pass.
In a November 2020 email, first spotted by The Verge, Phil Spencer, the head of Xbox, sought "strategy approval" from Microsoft CEO Satya Nadella and Microsoft CFO Amy Hood to initiate discussions with Sega regarding a potential acquisition. "We believe that Sega has built a well-balanced portfolio of games across segments with global geographic appeal, and will help us accelerate Xbox Game Pass both on and off-console," he said in the email.
Furthermore, The Verge's report also highlighted Microsoft's 2021 list of companies to acquire, which includes such companies as Niantic, Zynga, Supergiant Games, IO Interactive, and even the developer of Destiny Bungie, purchased by Sony back in 2022.