Almost 70 billion for Activision Blizzard

The Xbox team will be strengthened by one of the biggest names in the world of video games. They confirmed from Redmond that Microsoft is buying Activision. The publisher under whose auspices the development groups Activision Publishing, Blizzard Entertainment, Beenox, Demonware, Digital Legends, High Moon Studios, Infinity Ward, King, Major League Gaming, Radical Entertainment, Raven Software, Sledgehammer Games, Toys for Bob and Treyarch operate, which are "responsible" for mega hits such as Call of Duty, Warcraft, Candy Crush, Tony Hawk, Diablo, Overwatch, Guitar Hero, Crash, Bandicoot, StarCraft and dozens more, will operate independently pending completion of the $68.7 billion deal when formalities are completed, which is expected to happen in the middle of next year, and will report to the head of Microsoft Gaming, Phil Spencer.

"After the deal is closed, we will offer as many Activision Blizzard games as possible on Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard's incredible catalog," Spencer said, without commenting on the slew of sexual abuse and harassment lawsuits Activision is facing. Would the price have been any higher if there had been no lawsuits? Who knows…

Just spoke with Bobby Kotick, Activision's CEO, and he declined to say he will be CEO after the deal closes. "Post close I will be available as needed," he said@Kellen_Browning @andrewrsorkin and I will be updating our story here with that and more 👇https://t.co/hXPqLGKAqV

— Karen Weise (@KYWeise) January 18, 2022

Source: Microsoft

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