What Do You Need to Know About Microsoft's Acquisition of Activision Blizzard?
Almost everyone in the gaming community is now aware that Microsoft has bought Activision Blizzard. The announcement from Microsoft surprised the world, especially the gaming industry. This post includes all the information that you need to know about this acquisition.
Two months ago Phil Spencer, CEO of Microsoft gaming explained the discrimination and sexual harassment scandal at Activision Blizzard. Furthermore, he added that Microsoft is evaluating the condition because of the relationship with the company. Later, they announced they are taking over the biggest game company.
Facts about Microsoft’s Acquisition of Activision Blizzard
After the acquisition, Microsoft will control the biggest game series in the world. This includes Warcraft, Call of Duty, and Overwatch. Furthermore, they will own the massive list of old games. A while ago, Microsoft completed the acquisition of Bethesda Softworks. They offered an outstanding deal. But once, they will take over Activision Blizzard, they will become the third-largest game company. Here are some facts about this acquisition:
- Microsoft is spending $68.7 billion to purchase Activision Blizzard
- The deal is expected to end between July 2022 and July 2023.
- Even after the acquisition, Activision Blizzard will have the game pass. That is what Microsoft is planning.
- Microsoft own huge numbers of PC game developers
- It is impossible to say whether the acquisition was a good or bad idea.
- Currently, Bobby Kotick is still the CEO of Activision Blizzard. But when the deal closes, he will leave the company.
If you are wondering whether the Activision Blizzard games will be PC and Xbox exclusive, then there is bad news for you. Microsoft will honor the contract with Sony and won’t make games such as Call of Duty console exclusive, at least, not for now. But, they will definitely bring a wide range of Activision Blizzard games to Xbox. However, it is obvious that these games won’t be available on PlayStation. After Microsoft took over Bethesda, they made The Elder Scrolls and Starfield available for PC and Xbox. We are expecting the same this time too.
Will Microsoft Receive Regulatory Approval?
We are unsure about the regulatory approval. Things will be clear once the deal is closed. After the deal, the regulatory bodies will carefully scrutinize the company and make a decision. But, we can say that a company like Microsoft might receive the green signal.
Considering the global financial perspective, it is hard to comment on this acquisition. But, there are a plethora of possibilities that will emerge after the complete deal closes. Maybe this will become a success and the gaming industry will massively improve. One thing or another, you can rest easy knowing that your favorite games are in safe hands now.