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Friday, September 29, 2023

Microsoft to Buy Activision Blizzard

Microsoft has announced that it will buy Activision Blizzard, the giant name of the gaming world, with the surprise statement it just shared. It was stated that the purchase amount was 68.7 billion dollars, and it was stated that the transactions were aimed to be completed in the 2023 fiscal year.

Going through the days when competition in the game world is increasing and giant studios are being bought by giant companies, today, there has been a development that shook the game world. Microsoft has announced that it will acquire Activision Blizzard, which includes developer companies such as Blizzard, King, Treyarch, Raven, Highmon, Beenox, Sledgehammer Games, Infinity Ward, Demonware and Toys for Bob.

Surprisingly, the news shared on Microsoft’s website also shared how much Activison cost Microsoft. According to the statement, Microsoft will buy Activision Blizzard for $68.7 billion, all in cash, at $95 per share. Of course, with the joining of Activison Blizzard to Microsoft, all the productions within it will be moved to within the Microsoft.

With this huge and historical acquisition, Microsoft will now become the roof of series such as Warcraft, Diablo, Overwatch, Call of Duty and Candy Crush from studios such as Blizzard and King, and global esports activities such as Major League Gaming. In addition, Activision Blizzard’s games will be added to Microsoft Game Pass for players. With the purchase, Microsoft will gain a total of 30 game developer studios and additional broadcast and esports capabilities.

Completing this process will bring another title to Microsoft. After the acquisition of Activision Blizzard, Microsoft will become the third largest game company in the world by market capitalization. The company will be placed in the third place of the list, after Tencent in the first place and Sony in the second place.

The acquisition will be subject to usual closing conditions, completion of regulatory review and shareholder approval by Activision Blizzard. The deal is expected to be completed in the 2023 fiscal year.


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