Report: Private equity firms considered $150bn Xbox buyout

A group of private equity firms reportedly explored buying Microsoft's Xbox gaming division in a deal that could have valued the business at between $100 billion and $150bn. As reported by The Information , the talks were exploratory and did not lead to negotiations with Microsoft. A Microsoft spokesperson said in a statement that “Xbox is not for sale”. The discussions came amid Microsoft's continued efforts to turn around its gaming business, which includes Activision Blizzard since the 2023 acquisition. The Xbox division employs around 14,000 people and has struggled with declining sales and thin profit margins.