News Formal

Microsoft acquires gaming company Activision Blizzard for $68.7B

  • 📰 trtworld
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Microsoft buys gaming company Activision Blizzard for $68.7 billion, gaining access to blockbuster games like “Call of Duty' and ”Candy Crush'

The deal is also one of the priciest tech acquisitions in history since Dell bought data-storage company EMC in 2016 for around $60 billion.

Tuesday's all-cash deal will turn Microsoft, maker of the Xbox gaming system, into one of the world's largest video game companies. The merge will also help the company compete with tech rivals such as Meta, formerly Facebook, in creating immersive virtual worlds for both work and play., departures, and a state lawsuit alleging it enabled toxic workplace conditions and sexual harassment against women.

Nearly 20 percent of Activision Blizzard's 9,500 employees have signed a petition calling for CEO Bobby Kotick to resign.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft to buy gaming company Activision Blizzard in a deal valued at $68.7 billionMicrosoft 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 competitive businesses of mobile gaming and virtual-reality technology. damonheller ActiBlizzion more cucked than ever
Source: ABC7 - 🏆 67. / 68 Read more »