It seems that private equity firms were exploring buying XBOX and had valued the company between $100 billion and $150 billion.
After the company faced several weeks of layoffs, studio closures, and project cancellations, many began to speculate about the possibility of XBOX being sold. However, CEO Asha Sharma has confirmed that “XBOX is not for sale.” Though the sale talks have been debunked, it appears that other companies have considered the option of acquiring the gaming division.
Private Equity Firms Considered a Buyout of XBOX Between $100 Billion and $150 Billion
A recent report from The Information (via WindowsCentral) indicates that private equity firms valued Xbox between $100 billion and $150 billion while considering a potential buyout of Microsoft’s gaming division. However, the report notes that these discussions were “short-lived” and “exploratory,” not leading to negotiations. Just to point out, Xbox acquired Actvision Blizzard for a figure close to $70 billion a few years ago.
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However, fans can rest easy, as the current CEO has no plans to sell the company. Sharma has stated that they are ready to do “whatever it takes to set the company up for success.” Since her arrival, the company has done much more; it has already launched XP to expand franchises into more media, announced XBOX Labs, a new division exploring new technology, and much more.
What are your thoughts on private equity firms valuing XBOX at up to $150 billion? Leave your thoughts down in the comments, and join the official Insider Gaming Discord server.
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