Xbox Microsoft BUYS Activision Blizzard for 70 BILLION DOLLARS!!

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Microsofts statement. With three billion people actively playing games today and fueled by a new generation steeped in the joys of interactive entertainment, gaming is now the largest and fastest-growing form of entertainment. Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.

When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.

“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, inclusive and accessible to all.”

[DreamcastGuy]

What do you think of this MASSIVE DEAL? Thanks for LIKING the video! <3

[filminspector]

It’s crazy to think about how both Spyro and crash were both Sony exclusives at first and then 20 years later they are now owned by Microsoft

[petwisk]

"Until this transaction closes, Activision Blizzard and Microsoft Gaming will continue to operate independently. Once the deal is complete, the Activision Blizzard business will report to me as CEO, Microsoft Gaming" well This gives me the inpression that he Will bê CEO Just until the deal IS done, and once its complete Bobby Will get the boot

[fabianramirez]

It’s crazy I bought a PS5 in fear of missing out on gaming like I did by not owning a PS4. I’m more than happy with my Xbox series X. Gamepass has changed the gaming industry, my PS5 has been collecting dust for the past 3 months.

[blazevoptixzz]

PlayStation has the deal with Activision to get Call of Duty stuff early. Microsoft goes to buy Activision lmao

[whenisdinner]

Bobby kotick will not be sticking around. The announcement said that once the deal closes Phil Spencer will take over as CEO of Activision Blizzard

[freeweights]

The future is not owning games. But to pay monthly to play and pay microtransactions. Many players will support this. I'm against it but I'm the minority so my opinion doesn't matter

[dexterwadsworth]

I just hope Microsoft can get a good return on investment, considering how toxic the environment was at Activision/Blizzard.

[creativerealms]

Given all the crap that's been going on with Activision lately this was likely Microsoft offering them a way out.

[Gabrielbarsch]

this reminds me of that meme from megamind ''more like under new management''

[Masaim]

Well I hope this means the employees of Activision won't have to work in such a toxic environment as I'm sure it would be too big of a risk for Microsoft to continue such a Culture.

[Erlaxis]

Holy crap, so this is what happens when a company has infinite amounts of money. The Bethesda deal was pretty small compared to this.

[kostadin_ristovski]

I valued Activision in July last year and the outcome was close to $70bn, so I am happy with this outcome, especially as I got 20%+ return within 2 months :)

[popsgarcia]

This is insane I really don't know how Microsoft is doing this they are really taking over this Gen 😳

[iliveretro]

We knew they were getting a big studio just didn’t see this one coming honestly.

[psfreak]

It’s not even much of a competition….when you just keep buying exclusivities rather than fostering your own from scratch. I’d rather more direct competition….than this. This is like someone coming in with cheat codes because they have more money than everyone lol

[lowstryder]

If you still haven’t heard, $69 billion cash for the acquisition

[plo]

Those of you who are too young to remember when MS joined console gaming. This was the initial pushback that Xbox recieved, because people thought that MS would just attempt to buy the games industry. Well, 20 years was a good amount of time for everyone to let their guard down...

[srick]

Don't be surprised if Microsoft buys another company before the end of the year. Microsoft as a whole company is worth $2 trillion. Activision was the biggest company available with a net worth of $71 billion. Take 2 is worth $17 billion. EA is worth $7 billion, and Ubisoft is worth $6.5 billion. And before yall say that Sony should buy one, they are worth $157 billion. Entirely.

[williamsdavinchi]

I can't see no better future to activision blizzard, with microsoft finally they can make games thinking in the players and not in the money.