“Microsoft” buys a video game company for an “incredible” amount… and...

“Microsoft” buys a video game company for an “incredible” amount… and...
“Microsoft” buys a video game company for an “incredible” amount… and...
Microsoft’s offer amounted to $95 per share, at a premium of 45 percent to closing.Activision BlizzardOn Friday, the company’s share was trading at about $89.55 before the start of official trading.

“Games are the most active and exciting category of entertainment across all platforms today, and will play a major role in the development of the Metaverse platforms,” ​​Microsoft CEO Satya Nadella said in a statement.

The demand for video games has increased during the Corona pandemic, with consumers forced during the isolation and closure procedures to play more entertaining games for themselves.

It also gives the Activision Blizzard game library, which includes:call of DutyAnd “Overo Watch”, “Xbox”, the “Microsoft” game platform, an advantage over “Play Stationaffiliated with Sony, which has for years been blessed with a torrential stream of exclusive games.

Bobby Kotik will continue to serve as CEO of Activision Blizzard under the acquisition agreement.

Rival game company Take-Two Interactive said last week that it would buy FarmVille maker Zynga for $11.04 billion in cash and stock.

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