Microsoft acquires Activision Blizzard by 68.7 billion dollars
Microsoft has announced that it has agreed to acquire Activision Blizzard. Like the creators of Call of Duty, Warcraft, Candy Crush, Tony Hawk, Diablo, Overwatch, Crash Bandicoot and many more. Once the treatment is closed, the Activision Blizzard business will report Phil Spencer as Microsoft Gaming CEO. Until the transaction is carried out, Activision Blizzard and Microsoft Gaming will operate independently. The acquisition is described as a cash transaction valued at 68.7 billion dollars.
Players around the world love the Activision Blizzard games, and we believe that creative teams have their best work ahead, said Phil Spencer, Microsoft Gaming CEO, as part of the advertisement. Together we will build a future in which people can play games they want, practically anywhere they want.
The games are the most dynamic and exciting entertainment category on all platforms today and will play a key role in the development of met averse platforms, said SATYA NADELLA, president and executive director of Microsoft, as part of the announcement. We are investing deeply in world-class content, community and cloud to mark the beginning of a new era of games that puts players and creators first and makes the games safe, inclusive and accessible to all.
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