Microsoft completes $69 billion takeover of Call of Duty maker Activision Blizzard
Microsoft completes $69 billion takeover of Call of Duty maker Activision Blizzard
Image source, AlamyBy Michael Race and Zoe KleinmanBBC News
Microsoft has completed its $69 billion (£56 billion) takeover ) from Call of Duty maker Activision Blizzard in the video game industry. the biggest deal ever.
It comes as Microsoft, owner of the Xbox gaming console, was given the green light for the global deal after UK regulators approved it .
The Competition and Markets Authority said its concerns had been resolved after blocking the initial offer.
Microsoft's Phil Spencer said securing Activision was "amazing."
Following deal announcement , Activision Blizzard CEO Bobby Kotick confirmed in a letter to staff that he will step down at the end of 2023. fully committed to contributing to the transition,” he said. “[Phil Spencer and I] both look forward to working together for a seamless integration for our teams and players.”
Despite concerns from competitors such as PlayStation maker Sony and gaming industry competition regulators Mr Spencer, chief executive of Microsoft Gaming, sought to reassure gamers.
"Whether you play on Xbox, PlayStation, Nintendo, PC or mobile, you...
Image source, AlamyBy Michael Race and Zoe KleinmanBBC News
Microsoft has completed its $69 billion (£56 billion) takeover ) from Call of Duty maker Activision Blizzard in the video game industry. the biggest deal ever.
It comes as Microsoft, owner of the Xbox gaming console, was given the green light for the global deal after UK regulators approved it .
The Competition and Markets Authority said its concerns had been resolved after blocking the initial offer.
Microsoft's Phil Spencer said securing Activision was "amazing."
Following deal announcement , Activision Blizzard CEO Bobby Kotick confirmed in a letter to staff that he will step down at the end of 2023. fully committed to contributing to the transition,” he said. “[Phil Spencer and I] both look forward to working together for a seamless integration for our teams and players.”
Despite concerns from competitors such as PlayStation maker Sony and gaming industry competition regulators Mr Spencer, chief executive of Microsoft Gaming, sought to reassure gamers.
"Whether you play on Xbox, PlayStation, Nintendo, PC or mobile, you...
Image source, Alamy
