Microsoft acquires one of the largest video game companies at an...

Microsoft acquires one of the largest video game companies at an...
Microsoft acquires one of the largest video game companies at an...

Microsoft announced that it will acquire one of the largest video game makers Activision Blizzard for $68.7 billion.

According to media reports, the sale is the biggest deal in the sector and will make the combined entity the third-largest gaming company in terms of revenue after Tencent and Sony.

The deal includes Microsoft’s acquisition of iconic franchises such as Call of Duty, Candy Crush and Warcraft.

Microsoft will have 30 in-house studios to develop games, and this comes at a time when Microsoft plans to release Activision Blizzard games on Game Pass, a subscription that allows playing dozens of video games.

Microsoft said it would acquire Activision Blizzard for $95 per share in a deal worth $68.7 billion.

The acquisition is expected to close in 2023, according to Microsoft.

Source: TASS

Follow RT onRT
RT

These were the details of the news Microsoft acquires one of the largest video game companies at an... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at eg24.news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]