Microsoft plans to buy Activision Blizzard for $68.7 billion

by techcartel

Microsoft has recently announced plans to buy game publisher Activision Blizzard for $68.7 billion which is the largest acquisition in the gaming industry.

Microsoft will be acquiring the company that produces popular games like Call of Duty, World of Warcraft and Overwatch. Microsoft has acquired a lot of companies in the past few years and this acquisition will be no different.

Microsoft plans to add many of Activision’s games to Xbox Game Pass once the deal closes. With the acquisition of Activision, Microsoft will soon publish franchises like Warcraft, Diablo, Overwatch, Call of Duty, and Candy Crush. “Upon close, we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard’s incredible catalog,” says Microsoft’s CEO of gaming Phil Spencer.

“We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all,” says Microsoft CEO Satya Nadella.

Microsoft expects the Activision Blizzard deal “to close in fiscal year 2023,” which means we might not see this deal approved for up to eighteen months.

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