Activision to sell streaming rights to Ubisoft to secure Microsoft deal

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:Microsoft said on Tuesday that its acquisition target Activision would sell its non-European streaming rights to Ubisoft Entertainment as part of a restructured transaction to get it past British regulators.Britain's Competition and Markets Authority (CMA) remains the only regulator to block the biggest ever

:Microsoft said on Tuesday that its acquisition target Activision would sell its non-European streaming rights to Ubisoft Entertainment as part of a restructured transaction to get it past British regulators.

Britain's Competition and Markets Authority remains the only regulator to block the biggest ever deal in video gaming, forcing Microsoft to come up with a new proposal to complete the $69 billion purchase of"Call of Duty" maker Activision.

"The terms of the transaction will allow Ubisoft to commercialise these rights to other cloud gaming services providers ," the CMA said.

Source: News Formal (newsformal.com)

 

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