Microsoft acquires Activision Blizzard for $ 68.7 billion

Microsoft today announced its acquisition of Activision Blizzard for $ 95.00 per share, in total $ 68.7 billion, plus total Activision Blizzard. These include well-known franchises from the studios of Activision, Blizzard and King such as “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush”.

The company said the acquisition will support Microsoft’s gaming business for phones, PCs, consoles and the cloud and will provide metaverse architecture.

After that, Microsoft said it would become the third largest company in the world in terms of gaming, behind Tencent and Sony. The company has around voice studios with about 10,000 employees.

Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will continue to focus on initiatives that promote the company’s culture and accelerate business growth. Once the deal is finalized, the Activision Blizzard business will inform Phil Spencer, CEO, Microsoft Gaming.

The acquisition also supports Microsoft’s Game Pass history and Activision Blizzard game launch plans in Game Pass, which has reached a new level of over 25 million subscribers.

With about 400 million Activision Blizzard players a month in 190 countries and $ 3 billion franchises, the acquisition makes Game Pass one of the most compelling and varied games in the world, the company said.

As soon as the sale is complete, Microsoft will have 30 indoor gaming studios, as well as additional skills for printing and producing esports.

The agreement is expected to end in 2023 with the approval agreements and the approval of the participants of Activision Blizzard.

Author: Srivatsan Sridhar

Srivatsan Sridhar is a Mobile Technician who loves mobile phones and mobile apps. She uses monitoring phones as her main phone. You can follow him Twitter and Instagram
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