— Microsoft announced Tuesday it would acquire Santa Monica-based Activision Blizzard for $68.7 billion in cash to gain a foothold in the metaverse.
Sign on facade of office of videogame publisher Activision in the Silicon Beach area of Los Angeles, California, December 10, 2018. Activision Blizzard — whose studios are behind several successful PC, console, and mobile video game franchises such as “Warcraft,” “Diablo,” “Overwatch,” “Call Of Duty,” and “Candy Crush” — employs nearly 10,000 people around the world.
“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,” Microsoft CEO Satya Nadella said in a statement.$50,000 Reward For Information Offered In Murder Of Brianna Kupfer, Hancock Park Furniture Store Employee Found Stabbed
Microsoft says Activision Blizzard CEO Bobby Kotick and his team will remain in their positions, reporting to Microsoft Gaming CEO Phil Spencer once the deal closes sometime this year. “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,” Kotick said in a statement.
not a 'billion dollar deal' lol, you sound like dr evil 'one million dollars' this is a 68 billion dollar deal
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