Microsoft Buys Activision: A Game-Changing Acquisition
Microsoft Buys Activision: A Game-Changing Acquisition
In an unprecedented move, tech giant Microsoft has shaken the gaming industry. With its recent acquisition of Activision Blizzard and its impressive lineup of game titles, Microsoft has started a new era. This groundbreaking deal has sent shockwaves throughout the gaming community. This deal has raised a multitude of questions about the future of the industry. Moreover, the tech giant purchasing a gaming tycoon is interesting. In this article, I will delve into the details of the spotlight news of Microsoft buys Activision and explore the potential impact on the gaming landscape.
Updated on 22nd October 2024 with latest news and updates
Microsoft Buys Activision Blizzard: A Strategic Move
Finally, it happened. Microsoft officially owns Activision Blizzard. Microsoft’s acquisition of Activision Blizzard is not just another business deal. It is a strategic move aimed at consolidating the company’s position in the gaming market such as PS5 Slim. And also expanding its reach in the ever-growing industry by acquiring one of the biggest names in the gaming world. The statements from the executive official are here. Let’s check it out.
This news was cracked through a blog post on Xbox Wire and X by Phil Spencer. “Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms. We’ll share more about when you can expect to play in the coming months. We know you’re excited – and we are too.“
He further addressed the actual players of Activision Blizzard games with the good news that they can play on multiplatform. “For the millions of fans who love Activision, Blizzard, and King games, we want you to know that today is a good day to play,”. And continued with the statement
“You are the heart and soul of these franchises, and we are honored to have you as part of our community. Whether you play on Xbox, PlayStation, Nintendo, PC or mobile, you are welcome here – and will remain welcome, even if Xbox isn’t where you play your favorite franchise. Because when everyone plays, we all win. We believe our news today will unlock a world of possibilities for more ways to play. Thank you for the ongoing support. We have so much more to come in the months ahead – I’m excited for the future and cannot wait to share it with you.”
What are the remarks of CMA?
Finally, CMA gave the clean chit to Microsoft to buy Blizzard games. CMA announced this decision as a victory for the gaming era. The decision was made carefully according to the competitive prices and gaming cloud services. The Microsoft Activision deal is now confirmed and here are the official statements.
CMA has affirmed their words “In August this year Microsoft made a concession that would see Ubisoft, instead of Microsoft, buy Activision’s cloud gaming rights. The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud gaming customers. It will allow Ubisoft to offer Activision’s content under any business model, including through multigame subscription services. It will also help to ensure that cloud gaming providers will be able to use non-Windows operating systems for Activision content, reducing costs and increasing efficiency.
Official Statement by Microsoft’s Acquisition
Vice President and Chairman of Microsoft, Brad Smith has announced “We’re grateful for the CMA’s thorough review and decision today. We have now crossed the final regulatory hurdle to close this acquisition, which we believe will benefit players and the gaming industry worldwide.“
Bobby Kotick, CEO of Activision Blizzard informed his staff via email. The email states the big news follows, “We now have all regulatory approvals necessary to close and we look forward to bringing joy and connection to even more players around the world“.
“Our board chair Brian Kelly and I are incredibly proud of all of you and your accomplishments over the last four decades”. The email further continued, “We’re excited for our next chapter together with Microsoft and the endless possibilities it creates for you and for our players“
Microsoft buys Activision Blizzard finally, after a 20-month-long attempt to seal the deal. Microsoft previously purchased LinkedIn for $26 billion US Dollars in 2026 and in 2021, Bethesda at $75 billion US Dollars. But this megadeal was in the headlines for its long-term attempts and the biggest game deal made in its history.
