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Microsoft acquiring Activision Blizzard for $68.7 billion

4 months ago by IanDorfman

Microsoft today announced that it is acquiring gaming giant Activision Blizzard for $68.7 billion in cash.

The acquisition means that Microsoft now owns household known gaming properties like Small Call of Duty iconCall of Duty, Small Candy Crush Saga iconCandy Crush Saga, and Small World of Warcraft iconWorld of Warcraft. This builds upon their existing in house IP like Small Halo iconHalo and their previously acquired Bethesda Softworks properties like Small The Elder Scrolls iconThe Elder Scrolls, Small Fallout iconFallout, and Small Doom iconDoom.

The announcement sent ripples throughout the gaming and investing communities, as this purchase makes the following statements true:

Microsoft is now the third biggest company in terms of gaming-related revenue, behind only Tencent (https://alternativeto.net/software/league-of-legends/) and Sony (https://alternativeto.net/software/playstation-network/).
Microsoft now owns Major League Gaming, one of the earliest formal esports platforms.
This acquisition is the largest in video gaming history.

The acquisition comes at a time where public opinion of the Activision Blizzard's leadership is at an all-time low following the ongoing sexual assault reports plaguing it. It is set to complete in the next fiscal year.

The future of Small Blizzard Battle.net iconBlizzard Battle.net as the exclusive PC distributor of Call of Duty, World of Warcraft, and Small Overwatch iconOverwatch has yet to be announced. As of this story, the companies are still independently operated with no structural changes announced.

Further coverage:
Xbox Wire
Microsoft Newsroom
Activision Blizzard press release

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