Xbox job ad suggests it’s not done with acquisitions
Microsoft is seeking a manager to help evaluate future acquisitions in the games industry.
The job role, which was published this weekend, seemingly indicates that the corporation isn’t finished with its recent acquisition spree, which has seen it acquire Bethesda Softworks and announce Activision Blizzard in record deals.
“The Gaming Strategy & Development team serves as the corporate strategy function for Team Xbox,” the job ad reads for ‘Manager, Gaming Strategy & Development’.
“We partner closely with the Gaming Leadership Team to identify and evaluate transformative growth opportunities. Our charter includes helping to answer Microsoft Gaming’s most challenging business questions, leading Gaming’s M&A program (e.g., Activision Blizzard, ZeniMax, Double Fine, etc.), and identifying and understanding key industry dynamics.”
According to the description, the winning candidate’s responsibilities will include “supporting strategic decisions with quantitative and qualitative rigor”, identifying “key consumer / technology / business” trends and “developing and evaluating the business case for content & technology acquisitions (M&A)”.
M&A activity in the games industry hit a record $85 billion in 2021 and has been forecast to reach $150 billion this year, with huge deals such as Microsoft’s acquisition of Activision Blizzard and Take-Two’s buyout of Zynga having already been announced in 2022’s opening months.
Discussing industry consolidation earlier this month, influential figure Geoff Keighley suggested more major deals could be announced sooner rather than later.
The Game Awards creator tweeted: “Have heard from multiple people: As you might suspect, there are a few other big video game deals in final stages of negotiations.
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