Microsoft Buys Activision Blizzard
by
, January 19, 2022 at 09:33 PM (18717 Views)
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In March last year I brought you Microsoft's purchase of Bethesda, now I am topping it:
Following reports, Microsoft has now officially announced it has acquired Activision Blizzard in a deal valued at nearly $70 billion. This is Microsoft's biggest acquisition in history of any type, and it is the biggest gaming acquisition in history by a huge margin.
In its own statement, Activision Blizzard confirmed that Microsoft will pay $95 per share to acquire Activision Blizzard, for a total payout of $68.7 billion if the deal goes through. In buying Activision Blizzard, Microsoft will also take ownership of massive franchises like Call of Duty, Warcraft, Diablo, and Overwatch, as well as Activision Blizzard's eSports endeavors. Activision Blizzard's numerous studios and almost 10,000 employees will also become part of Xbox going forward, it would appear. Microsoft will have 30+ internal game development studios following the acquisition of Activision Blizzard.
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