Microsoft Officially Acquires Activision Blizzard, Nearly Two Years Later

Eddie Makuch
10/13/2023

Microsoft has officially closed its deal to buy Activision Blizzard for $68.7 billion, marking Microsoft's biggest acquisition of all time and one of the largest in the history of the business world across all sectors. The deal faced a good amount of regulatory pressure, as Microsoft faced scrutiny from government groups around the world. Key legal battles took place in the United States and the UK. Microsoft announced the deal in February 2022. The announcement of the deal closing came just hours after the UK's CMA itself signed off, and this was the final regulatory hurdle that Microsoft needed to clear to close the deal.A key concern from the CMA centered on cloud gaming, and to help close the deal, Microsoft sold cloud-gaming rights to Ubisoft."All the games that are coming from Activision Blizzard in the next 15 years and those games that exist now, we have those streaming rights in perpetuity," Ubisoft said in its own announcement pertaining to the closure of the deal today.Continue Reading at GameSpot...

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