'Microsoft considered acquiring Square Enix a few years back to boost the Xbox's presence in Asia and to help launch mobile Xbox Game Pass offerings.' -WCCF Tech Report
Portfolio Pulse from Benzinga Newsdesk
According to a WCCF Tech report, Microsoft had considered acquiring Square Enix a few years ago to enhance the Xbox's presence in Asia and to aid in the launch of mobile Xbox Game Pass offerings.
June 28, 2023 | 7:19 pm
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Microsoft had considered acquiring Square Enix to boost Xbox's presence in Asia and launch mobile Xbox Game Pass offerings.
The news is about a past consideration by Microsoft to acquire Square Enix, which did not materialize. Therefore, it is highly relevant but has neutral impact on Microsoft's stock as it is a past event and does not affect the current or future operations of the company.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100