Microsoft Close to Completing Acquisition of Activision Blizzard

Microsoft Close to Completing Acquisition of Activision Blizzard

Microsoft is close to completing its acquisition of Activision Blizzard, one of the world’s largest video game publishers. The deal, which was first announced in September of 2020, is expected to be finalized in the coming weeks. Microsoft will pay $7.5 billion in cash for the company, making it one of the largest acquisitions in the gaming industry.

Activision Blizzard is best known for its popular franchises, such as Call of Duty, World of Warcraft, and Overwatch. The company has been a major player in the gaming industry for decades, and its acquisition by Microsoft will give the tech giant a major foothold in the industry. Microsoft already owns Xbox, one of the most popular gaming consoles, and the acquisition of Activision Blizzard will give it access to a large library of popular games.

The acquisition is part of Microsoft’s larger strategy to become a major player in the gaming industry. The company has already invested heavily in its Xbox platform, and the addition of Activision Blizzard’s games will give it a much larger library of titles to offer gamers. Microsoft is also looking to expand its cloud gaming services, and the acquisition of Activision Blizzard will give it access to a large number of popular games that can be streamed on various devices.

The acquisition is also seen as a way for Microsoft to compete with other tech giants, such as Google and Amazon, who have also been investing heavily in the gaming industry. Microsoft’s acquisition of Activision Blizzard will give it access to a large library of popular games that can be used to attract more gamers to its platforms.

The acquisition is expected to be finalized in the coming weeks, and it will be interesting to see how Microsoft plans to use Activision Blizzard’s games to further its ambitions in the gaming industry. With its large library of popular titles and its access to cloud gaming services, Microsoft could become a major player in the gaming industry in the near future.