Microsoft bets real money on a virtual universe

Microsoft bets real money on a virtual universe

2022-01-20 11:20:00 PM

Microsoft bets real money on a virtual universe

The metaverse is mostly confined to gaming now, but Microsoft’s $69bn offer for Activision Blizzard shows Big Tech reckons it could be on the scale of the creation of the internet or the shift to smartphones

Sarah Frier and Dina BassActivision Blizzard CEO Bobby Kotick, whose whose video-gaming company has attracted a $69bn offer from Microsoft . Picture: BLOOMBERGThere are many reasons why Microsoft would have wanted to purchase Activision Blizzard, which publishes a range of famous video game franchises, from

Call of DutytoCandy Crush Saga. The $68.7bn deal, which was announced on January 18 and requires regulatory approval, would make Microsoft the third-largest gaming company. But in Microsoft’s own explanation of the largest acquisition in its 46-year history, the word “metaverse” did a lot of the heavy lifting.

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