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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DEADLINE - 🏆 109. / 63 Read more »
Source: BGR - 🏆 234. / 63 Read more »