Prior to Microsoft's attempted acquisition of Activision Blizzard, the company was apparently interested in buying the mobile giant Zynga — but the company ended up being acquired by Take-Two Interactive instead for $12.7 billion.
This was revealed by Xbox boss Phil Spencer as part of today's FTC hearing, with Spencer going on to explain that the reason Microsoft backed out was because of a desire to go "even bigger" than Zynga:
"I have a lot of respect for the people at Zynga and what they've built. In the end, for our opportunity, we thought we needed to have something that was even bigger than what Zynga was given our very small starting space in the mobile gaming business."
If the Activision Blizzard takeover ends up being approved, Microsoft will officially own the developer and publisher "King", which is well-known for the likes of Candy Crush, Crash Bandicoot: On The Run! and many other mobile titles.
Spencer has talked on multiple occasions about how mobile gaming is a massive reason why Microsoft is pursuing the Activision Blizzard deal, so it'll be fascinating to see what comes of this partnership with King - if the deal eventually gets approved.