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Microsoft has decided to follow up its $7.5 billion acquisition of Bethesda with another major purchase that is sure to shake up the game industry.
As confirmed in multiple press releases shared by the companies today, Microsoft has agreed to acquire Activision Blizzard in an all-cash transaction valued at $68.7 billion. Activision Blizzard requires little introduction to gamers, as it’s the holding company behind iconic franchises such as Call of Duty and Warcraft.
“Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” said Satya Nadella, chairman and CEO, Microsoft. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe...
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