Microsoft Looks To Help Activision Get Through Sex-Scandal Allegations

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 24%
  • Publisher: 59%

In the all-cash $68.7 billion sale, Microsoft will gain Activision’s gaming titles, while Activision has a chance to rebuild and focus.

United States Headlines News

United States Latest News, United States Headlines

Microsoft’s acquisition of Activision Blizzard, maker of Call Of Duty, World of Warcraft and Candy Crush, may help the video-game giant refocus on growing those popular titles while working to move beyond sexual misconduct allegations that have dogged the company, analysts said.

Kotick will remain as chief executive, despite calls from nearly 1,900 Activision employees for his removal inthat began circulating at the end of last year. He’ll report to Phil Spencer, the chief executive of Microsoft’s gaming division, the companies said. While Activision stands to benefit from Microsoft’s resources, particularly on distribution, as well as profit from the positive sentiments around Microsoft’s company culture, Microsoft stands to gain Activision’s entire video gaming portfolio for its monthly gaming subscription product, Xbox Game Pass, said Joseph Bonner, an analyst at Argus Research. “What I get from [Microsoft] management is that they really look at Game Pass as the future. What this deal does is it provides content for it.

Other Microsoft gaming acquisitions in the past include ZeniMax Media, a video game holding company which publishes titles such as The Elder Scrolls and Starfield, that Microsoft bought in September 2020 for $7.5 billion in an all-cash transaction.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yea, Gates field of expertise!

get this ugly lizard out of my timeline

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Activision Looked at Topping Take-Two's $12.7 Billion Offer for Zynga, But Sold to Microsoft InsteadActivision Blizzard recently contacted an adviser to consider topping Take-Two’s $12.7 billion bid for Zynga, according to a person familiar with the matter.
Source: NBCDFW - 🏆 288. / 63 Read more »

New Activision Blizzard Report Reveals Dozens of Employees 'Pushed Out' Following Harassment ClaimsActivision Blizzard has apparently fired or pushed out dozens of employees as a result of the harassment claims that have rocked the company since July. Power to the player. Activision Blizzard
Source: ComicBook - 🏆 65. / 68 Read more »

Microsoft to buy Activision in $68.7 billion all-cash dealMicrosoft is buying video game maker Activision Blizzard. Activision CEO Bobby Kotick, Microsoft Gaming CEO Phil Spencer discuss the deal, the metaverse and more. ExpN00b there goes the neighborhood.... What’s next? To buy some land in decentraland
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft buys Activision Blizzard, maker of 'Call of Duty,' for $68.7 billionThe massive deal comes as Activision shares have plummeted in the past year as the company faces allegations of misconduct.
Source: fox13 - 🏆 550. / 51 Read more »

Microsoft's $68.7 Billion Deal for Activision Once Again Shows Big Tech's Dominance Over Legacy MediaMicrosoft takes big $68.7 billion swing on video game company Activision Blizzard while legacy media stays on sidelines I remember when journalism meant something but this headline shows it's all click bait from here on out. Imagining describing one tech firms buyout of another tech firm as dominance over legacy media 🤷🏾‍♂️
Source: NBCDFW - 🏆 288. / 63 Read more »

Microsoft to buy embattled Activision Blizzard for $68.7 billionSoftware giant is buying a video game make known for titles like 'Call of Duty' as well as allegations of sexual harassment. Oh the Pitfalls they shall find
Source: CBSNews - 🏆 87. / 68 Read more »