What is the relationship between Xbox and Microsoft in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

The Microsoft Lumia 535 is the latest quad-core smartphone, which allows users to enjoy Microsoft in-built experiences like Skype, Office suite, Xbox and OneDrive.

Answer: owned_by