finance chief, Amy Hood, didn’t let the Covid-19 pandemic slow the company’s appetite for growth. She played an instrumental role in the company’s eight acquisitions last year.
Microsoft generated more than $50 billion in commercial cloud revenue in its latest full year, a milestone that accentuate’s Microsoft’s transformation from its Windows-centric software business.
The company’s 2020 acquisitions included videogame publisher ZeniMax Media, for $7.5 billion. For the first time, Microsoft’s videogame revenue exceeded $5 billion in the company’s fiscal second quarter, helped by the launch of its latest generation of Xbox systems.