Xbox CEO Phil Spencer said that he does not rule out the possibility of buying new studios and confirmed that the company is working on a portable console, but it is still far from being released. This became known in his interview with Bloomberg.

Speaking about potential deals with new companies, Spencer noted that the company would be interested in expanding its mobile game catalog and expanding its cooperation with studios in Asia. Nevertheless, the company has no plans for the time being, and big deals like Activision Blizzard, which cost Microsoft $69 billion, are out of the question.

“We definitely want to be in the market, and when we can find teams and technology and capability that add to what we’re trying to do in gaming at Microsoft, absolutely we will keep our heads up,” Spencer said.

The Xbox CEO also commented on the portable console, which has been rumored for a long time. The company has several prototypes and is constantly working on ideas for the realization of such a device. However, according to Spencer, such a console will appear only in a few years.

But while Xbox is still working on its own console, it will also focus on improving the way the branded program works on existing devices. The company is also working with hardware manufacturers to make sure their products synchronize with Xbox games and experiences.

“Longer term, I love us building devices. And I think our team could do some real innovative work, but we want to be informed by learning and what’s happening now,” Spencer said.

The Xbox CEO also mentioned the store for mobile devices and noted that the company still needs to finalize its vision and implementation. In addition, Spencer briefly touched on the topic of releasing his projects on Sony, saying that nothing is out of the question, but nothing is decided.

Phil Spencer also commented on the latest developments in Microsoft’s gaming division. He believes that the business has never been “healthier” and is optimistic about the future of consoles, as well as cloud and mobile markets.