Microsoft to acquire gaming giant Activision Blizzard for $68.7 billion

Gaming 'will play a key role in the development of metaverse platforms,' Microsoft CEO said.

1/18/2022 5:38:00 PM

LATEST: When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue.

Gaming 'will play a key role in the development of metaverse platforms,' Microsoft CEO said.

Jae C. Hong/APMicrosoft Corp. announced plans on Tuesday to acquire gaming giant Activision Blizzard Inc., the maker of immensely popular franchises including"Call of Duty" and"Warcraft," for $68.7 billion.The companies jointly announced news of the all-cash deal on Tuesday, which involves tech giant Microsoft purchasing the

for some $95 per share. When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue -- behind only Tencent and Sony -- Microsoft said in a statement Tuesday.MicrosoftMicrosoft to acquire Activision Blizzard.

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For the love of God... To put that into perspective, one US Virgina class nuclear powered submarine cost 3.5 Billion dollars. 😱😱😱😱😱😱😱😱😱😱 Cc: scottjohnson Jon_Jagger NotPatrick I can't understand how much money 68.7 billion is. My brain is spilling. That's nuts. Gaming is going to the metaverse, there's no doubt about it

X Box rising? Amazon games...'Oh Oh!' And soon one of the major players in the NFT space money can buy metaverse~😀😀😀 So... Activition Bllizard lastes scandas where a maneuver to make themselves cheaper to be on sale? What about the current owners? Sometjing seems fishy arround here... The bro-boys and frat-boys will take their payouts and leave for new ventures. An 'old' company like Microsoft is an ingenuity kill.

WSJ News Exclusive | Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $68.7 BillionMicrosoft agreed to buy Activision Blizzard in an all-cash deal valued at $68.7 billion, using its largest acquisition by far to grab a videogame heavyweight that has been roiled by claims of workplace misconduct. I made 50k with coinmamba11 for cool ambient rain music and don't forget to subscribe This might be an excellent news 🗞

Microsoft To Acquire Activision Blizzard In $68.7B Video Game BlockbusterMicrosoft is acquiring rival Activision Blizzard in a $68.7 billion deal that will reshape the video game sector. The all-cash transaction vaults Microsoft to the No. 3 spot among all global video … Mlg prayers love ❤️ Antitrust gonna have a field day with this

Microsoft buys Activision Blizzard in $69 billion game dealIn its largest purchase ever, Microsoft will pay $95 a share in cash for one of the most legendary gaming publishers, known for titles like Call of Duty and World of Warcraft but which is also grap…

Microsoft buys Activision in a nearly $70 billion dealInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Hi, I am a structural engineer from Iran who have many ideas. I have summarized some of my ideas on my twitter(I suggest look at the idea of generating electricity by gravity). I want to work with companies and investors. Do you want to cooperate? 微软正在以近700亿美元的价格收购《使命召唤》出版商Activision

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Activision Blizzard continues to remove employees amid misconduct allegations | EngadgetActivision Blizzard continues to remove employees amid misconduct allegations If the board doesn’t hold the CEO accountable, shareholders need to do something. Forward Guidance for All Companies After Consensus and HyperCapSoc: Merge with All Your Rivals in Your Industry and Utilize the Collective Resources, in Remaining Human Labor and Capital, to Implement End-to-End Humanless Solutions Wherever it is Feasible. Yuh know, with Consensus we clearly have the means to make certain this does not happen but it really is HyperCapSoc that assists the most as we abandon the workforce en masse. This, however, does not prevent the presumed increase sexual harassment on the beach.

ABC News Live Jae C. Hong/AP Microsoft Corp. announced plans on Tuesday to acquire gaming giant Activision Blizzard Inc., the maker of immensely popular franchises including"Call of Duty" and"Warcraft," for $68.7 billion. The companies jointly announced news of the all-cash deal on Tuesday, which involves tech giant Microsoft purchasing the for some $95 per share. When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue -- behind only Tencent and Sony -- Microsoft said in a statement Tuesday. Microsoft Microsoft to acquire Activision Blizzard. The deal comes as the gaming industry has become one of the fastest-growing sectors in the entertainment industry, and as Microsoft seeks to accelerate its mobile, PC, console and cloud gaming as well as prepare for the mainstream adaption of the metaverse. MORE: How sky-high inflation is evaporating Americans' savings, imposing 'cruelest tax' on the poor "Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms," Satya Nadella, chairman and CEO of Microsoft, said in a statement."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." Eva Hambach/AFP via Getty Images, FILE A Microsoft logo adorns a building in Chevy Chase, Md., May 20, 2021. The announcement also comes as Activision Blizzard has been rocked by accusations of fostering a culture of sexual harassment and gender discrimination. Bobby Kotick will continue to serve as CEO of Activision Blizzard, and once the deal closes, the Activision Blizzard business unit will report to Microsoft Gaming's CEO Phil Spencer. MORE: Blizzard Entertainment president departs after accusations of fostering a 'frat boy' culture "For more than 30 years our incredibly talented teams have created some of the most successful games," Kotick said Tuesday."The combination of Activision Blizzard’s world-class talent and extraordinary franchises with Microsoft’s technology, distribution, access to talent, ambitious vision and shared commitment to gaming and inclusion will help ensure our continued success in an increasingly competitive industry." Jae C. Hong/AP FILE - The Activision Blizzard Booth is shown on June 13, 2013 the during the Electronic Entertainment Expo in Los Angeles. Microsoft is buying Activision Blizzard, Tuesday, Jan. 18, 2022, for $68.7 billion to gain access to blockbuster games including Call of Duty and Candy Crush. The all-cash deal will let Microsoft accelerate mobile gaming and provide it building blocks for the metaverse, or a virtual environment. The transaction has been approved by the board of directors for both Microsoft and Activision Blizzard, but remains subject to the latter's shareholder approval, the companies said. It is expected to close in fiscal year 2023.