Microsoft Will Be Acquiring Activision Blizzard For $68 Billion

Microsoft Will Be Acquiring Activision Blizzard For $68 Billion

January 19, 2022 Off By editor

Activision Blizzard is one of the biggest game developers and publishers around. Under their belt, the company plays home to massively popular games such as Call of Duty, Candy Crush, Diablo, Warcraft, StarCraft, Overwatch, and more. However, it looks like all those games will soon belong to Microsoft.

This is because Microsoft has announced that they will be acquiring Activision Blizzard for a whopping $68 billion. Following the acquisition, Xbox boss Phil Spencer will serve as the CEO of Microsoft Gaming and will oversee the operations of Activision Blizzard. Even better news is that it looks like there will also be plans to introduce Activision Blizzard games to Xbox and PC Game Pass.

While Microsoft does not explicitly address the discrimination lawsuits that Activision Blizzard is now facing, Spencer did include a statement which reads, “As a company, Microsoft is committed to our journey for inclusion in every aspect of gaming, among both employees and players. We deeply value individual studio cultures. We also believe that creative success and autonomy go hand-in-hand with treating every person with dignity and respect. We hold all teams, and all leaders, to this commitment.”

The deal has yet to be finalized as it is pending regulatory approval, but assuming all goes well, it is expected to be complete in Microsoft’s fiscal 2023 year which ends on the 30th of June, 2023.

Microsoft Will Be Acquiring Activision Blizzard For $68 Billion

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