Microsoft Buys Activision Blizzard ๐ฎ #shorts
4On January 18, 2022, Microsoft announced its intention to acquire Activision Blizzard, one of the world's largest video game companies, for a whopping $68.7 billion. The acquisition is one of the biggest in the history of the video game industry and is expected to close in the second half of 2023, pending regulatory approval.
Activision Blizzard is the parent company of several well-known game studios, including Blizzard Entertainment (the developer of World of Warcraft and Overwatch), King (the developer of Candy Crush), and Activision (the developer of Call of Duty and Tony Hawk's Pro Skater). The acquisition will give Microsoft ownership of these studios and their popular franchises, along with the potential to create new games in the future.
The acquisition is seen as a major move by Microsoft to expand its presence in the gaming industry, which has been rapidly growing in recent years. Microsoft already owns the Xbox console brand and its associated game development studios, but the acquisition of Activision Blizzard will give the company even more leverage in the industry. It is also expected to enhance Microsoft's efforts in the field of cloud gaming, as Activision Blizzard has expertise in this area.
The acquisition has received mixed reactions from the gaming community and industry experts. Some have raised concerns about the consolidation of power in the industry and the potential for Microsoft to limit access to popular games on platforms other than Xbox. Others have praised the move as a smart business decision that will help Microsoft compete with other major players in the gaming industry, such as Sony and Nintendo.
Microsoft Buys Activision Blizzard ๐ฎ #shorts
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