Microsoft to Finalize Acquisition of Activision Blizzard Next Week – Report
Microsoft is reportedly set to finalize its acquisition of Activision Blizzard, the world’s largest video game company, next week. The deal, which was first announced in September of 2020, is estimated to be worth $10 billion and will see Microsoft take control of a vast portfolio of popular video game franchises, including Call of Duty, World of Warcraft, Overwatch, and Diablo.
The acquisition is seen as a major move for Microsoft, which has been looking to expand its presence in the gaming industry. The company already owns Xbox and its Xbox Game Pass subscription service, and the addition of Activision Blizzard’s gaming portfolio will give Microsoft a significant boost in both the console and PC gaming markets.
The acquisition is expected to be finalized on Monday, February 1st. Once the deal is complete, Microsoft will gain access to Activision Blizzard’s extensive library of games, as well as its popular esports leagues. This will give Microsoft a much larger presence in the competitive gaming scene, allowing it to compete with other major players such as Amazon, Google, and Apple.
Microsoft is also expected to use the acquisition to bolster its cloud computing capabilities. By leveraging Activision Blizzard’s existing infrastructure, Microsoft will be able to offer more powerful gaming experiences to its customers. This could potentially lead to new services such as cloud-based gaming or streaming services.
The acquisition of Activision Blizzard is seen as a major win for Microsoft and could potentially help the company become a major player in the gaming industry. With its vast library of games and its strong presence in the esports scene, Microsoft could become a major force in the gaming world. Only time will tell how this acquisition will affect the industry, but it’s sure to be an exciting development for gamers around the world.