Microsoft buying Activision Blizzard for nearly $70 billion
Microsoft has announced its plans to buy Activision Blizzard, with the deal valued at $68.7 billion (roughly £50.5 billion).
This is just one of many high-profile acquisitions by Microsoft over the last few years, which include the purchase of Bethesda back in 2020.
As detailed by its press release, Microsoft will become the world’s third-largest gaming company by revenue if the transaction goes through, only being beaten by Sony and Tencent.
It also means that Activision Blizzard titles will come to Game Pass in the future, bolstering its already impressive roster.
This news comes during multiple ongoing investigations of Activision Blizzard regarding sexual harassment against female employees. Head of Xbox Phil Spencer has stated that the company is committed to “inclusion in every aspect of gaming among both employees and players”, though it remains to be seen whether any meaningful changes will come to Activision Blizzard.
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