Microsoft completes $69B Activision Blizzard acquisition

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Microsoft completed its $69 billion acquisition of Activision Blizzard after clearing a series of regulators’ hurdles since the deal was first announced in January 2022.

Microsoft closed its $69 billion purchase of Activision Blizzard on Friday after clearing a series of regulatory hurdles since the deal was first announced in January 2022. The acquisition will give the software giant some of the most-played gaming franchises in history on console, PC and mobile platforms including Pitfall, Call of Duty, World of Warcraft and Candy Crush. "Today is a good day to play," Phil Spencer, Microsoft's head of gaming, said in a blog post on Friday.

We will also continue to make more games available in more places – and that begins now by enabling cloud streaming providers and players to stream Activision Blizzard games in the European Economic Area," he added. In a filing with the Securities and Exchange Commission on Friday, Microsoft said unvested Activision Blizzard options and stock-based awards have been assumed by Microsoft and converted into corresponding awards that are subject to shares of the software company’s common stock.

The Ubisoft deal will apply globally but not in Europe, where Brussels already accepted the original deal. In Europe, Ubisoft will get a non-exclusive license for Activision's rights to enable it to offer those games in that region. "As cloud gaming grows, this intervention will ensure people get more competitive prices, better services and more choice," Sarah Cardell, chief executive of the U.K.'s Competition and Markets Authority, said in a Friday statement.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 458. in CH

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Microsoft Closes $69B Acquisition Of Activision Blizzard, Creating Video Game BehemothAfter a winding road of regulatory challenges, Microsoft today closed its $69 billion acquisition of Activision Blizzard, creating a video game behemoth. While Microsoft has always been an acquisit…
Herkunft: DEADLINE - 🏆 109. / 63 Weiterlesen »

Microsoft’s $69 billion Activision Blizzard acquisition approved in the UK, the last regulatory hurdleMicrosoft's proposed $68.7 billion purchase of Activision Blizzard can close, as the UK has finally approved the deal.
Herkunft: BGR - 🏆 234. / 63 Weiterlesen »