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New Delhi CNN Business Microsofts blockbuster purchase of video game developer Activision Blizzard could pose a serious threat for Sony. The price means Microsoft will pay 95 per share for Activision.
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1 day agoMicrosoft will buy Activision Blizzard betting 70 billion on the future of games.
. 1 day agoMicrosoft Microsoft to acquire Activision Blizzard. Shares of the maker of the PlayStation console a major. 1 day agoMicrosoft announced plans to acquire Activision Blizzard a leader in game development and an interactive entertainment content publisher.
The deal comes as the gaming industry has become one of the fastest-growing sectors in the entertainment industry and as Microsoft seeks to accelerate its mobile PC console and cloud gaming as well as prepare for the mainstream adaption of the metaverse. Microsoft will acquire Activision Blizzard for 9500 per share in an all-cash transaction valued at 687 billion inclusive of Activision Blizzards net cash. When the transaction closes Microsoft will become the worlds third-largest gaming company by revenue behind Tencent and Sony.
The all-cash transaction is Microsofts biggest acquisition and is worth. In buying Activision Blizzard the maker of Call of Duty Microsoft will inherit hugely popular titles. 1 day agoOnce the deal is complete the Activision Blizzard business will report to me as CEO Microsoft Gaming.
Upon close we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass both new titles and games from Activision Blizzards incredible catalog. 1 day agoMicrosoft announced Tuesday it will buy video game giant Activision Blizzard in a 687 billion all-cash deal. The planned acquisition includes iconic franchises from.
1 day agoJan 18 Reuters - Microsoft Corp MSFTO is buying Call of Duty maker Activision Blizzard ATVIO for 687 billion in the biggest gaming industry deal in history as global technology giants. 1 day agoPublished January 18 2022 Microsoft Corporation MSFT is acquiring gaming company Activision Blizzard Inc. Microsoft is paying nearly 70 billion for Activision Blizzard the maker of Candy Crush and Call of Duty as it seeks an edge in the fiercely.
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