Microsoft’s Acquisition of Activision Raises Questions About the Metaverse
Microsoft’s recent acquisition of video game publisher Activision has sparked speculation about how cryptocurrencies and the metaverse will impact both companies’ operations. Initially, Microsoft stated that the acquisition would accelerate growth in its gaming business and contribute to the development of metaverse platforms. However, when the transaction was completed in October, there was no mention of the metaverse in Microsoft Gaming’s statement.
During an interview in August, Microsoft Gaming CEO Phil Spencer expressed skepticism about the metaverse concept, stating that gamers have been part of a metaverse for decades through multiplayer games like World of Warcraft and Roblox. He even referred to the metaverse as a “poorly built video game” and expressed a preference for immersive 3D spaces rather than virtual meeting rooms.
Microsoft’s Metaverse Plans
In February 2022, Microsoft CEO Satya Nadella mentioned that meetings and gaming were key focus areas for their metaverse application. The company’s metaverse platform, Mesh, which launched previews recently, combines elements of business communications and gaming. It offers interactive games for team bonding within immersive spaces.
While Microsoft’s stance on the metaverse remains uncertain, leaked internal documents hinted at potential integration of crypto wallets with Xbox gaming devices. Although CEO Spencer downplayed the leak, he did not deny its contents and assured that official plans would be shared when ready.
Hot Take: The Uncertain Path Forward
Microsoft’s acquisition of Activision raises questions about its commitment to the metaverse and how it will shape its gaming business. While initial statements suggested a focus on metaverse development, recent comments from CEO Phil Spencer indicate skepticism towards traditional metaverse concepts. The launch of Mesh indicates Microsoft’s interest in combining business communications and gaming within a metaverse-like platform. However, the integration of crypto wallets with Xbox devices remains uncertain. As Microsoft navigates the evolving landscape of the metaverse, it will be interesting to see how its plans unfold and whether it fully embraces the concept or takes a different approach.
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