Is Microsoft acquiring Activision?

Microsoft announced that it would be purchasing Call of Duty and World of Warcraft developer Activision Blizzard in a gigantic acquisition. Notably, the company said Bobby Kotick would "continue to serve as CEO" of Activision Blizzard.

Does Microsoft own Activision?

August 24, 2022 - Xbox Launches Website Outlining Benefits of the Acquisition. To spell out the benefits of Xbox's acquisition of Activision Blizzard to the public, Microsoft launched a website that highlighted its “vision for gaming,” and the positives of what could become the biggest deal in video game history.

Is Microsoft buying Activision approved?

Microsoft's proposed acquisition of Activision Blizzard is likely to be approved by EU regulators, Reuters reports. The software giant struck licensing deals with Nintendo and Nvidia recently, and Reuters says these deals are likely to satisfy lawmakers in Europe to help Microsoft clear its $68.7 billion deal.

What happens if Microsoft buys Activision?

Activision Blizzard own the Call of Duty franchise, one of the biggest in gaming history. If Microsoft's acquisition deal closes, they will own the Call of Duty series, and be able to do whatever they want with it on their Xbox systems going forward. Microsoft could have bought other companies, but it already did.

Is the Microsoft Activision deal finalized?

The Microsoft acquisition of Activision Blizzard is expected to be finalised by June 2023, according to CEO Bobby Kotick. Back in January 2022, Microsoft made huge waves within the video game industry by taking the first steps of acquiring Activision Blizzard for a mammoth deal worth $68.7 billion.

Microsoft WILL Acquire Activision by August - Inside Games

How long will Microsoft have Activision?

Microsoft's planned acquisition of Activision Blizzard, which is a leading developer and publisher of console, online, and mobile games is expected to be completed in June of 2023.

How long will the Microsoft Activision deal take?

Microsoft announced plans to acquire Activision Blizzard for $68.7 billion in January, with the goal of closing it by June 2023. The deal has come under pressure from Microsoft's competitors in gaming, such as Sony .

Can Microsoft be blocked from buying Activision?

The planned Microsoft Activision acquisition has been provisionally blocked by the UK's antitrust watchdog, the Competition and Markets Authority (CMA) …

Why Microsoft buying Activision is good?

Microsoft says it needs the deal to boost the Xbox

Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made.

Why is Microsoft buying Activision a big deal?

Buying Activision will give Microsoft ownership of many of the world's biggest games: not just Call of Duty, but others, including mobile behemoths like Candy Crush. All of those will be part of Microsoft and can be used to boost the offering of the Xbox.

Did the Xbox Activision deal go through?

Microsoft's $69 billion deal to buy Activision Blizzard inched closer in a big way on Friday. UK regulators announced a provisional finding that the acquisition wouldn't harm competition, despite previously suggesting the Xbox maker might need to spin-off the Call of Duty business to get the sale approved.

Who has approved the Activision deal?

Microsoft has secured another approval for its proposed $68.7 billion acquisition of Activision Blizzard. Last week, Chile's Fiscalía Nacional Económica – the National Economic Prosecutor's Office – cleared the merger following a phase one investigation of its potential impact.

Is Activision Blizzard a good stock to buy?

Activision Blizzard Stock Forecast FAQ

Is Activision Blizzard Stock a good buy in 2023, according to Wall Street analysts? The consensus among 13 Wall Street analysts covering (NASDAQ: ATVI) stock is to Strong Buy ATVI stock.

Is Microsoft going to buy Blizzard?

I n January 2022, Microsoft announced it had plans to buy Activision Blizzard, one of the world's largest games publishers, for $68.7 billion.

Is Activision Chinese owned?

Activision Publishing, Inc. is an American video game publisher based in Santa Monica, California. It serves as the publishing business for its parent company, Activision Blizzard, and consists of several subsidiary studios.

What is Microsoft Activision biggest deal?

On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading.

Why did Activision sell to Xbox?

“Its vision for the transaction is simple: Xbox wants to grow its presence in mobile gaming, and three-quarters of Activision's gamers and more than a third of its revenues come from mobile offerings,” according to Microsoft.

Why did Blizzard sell to Microsoft?

Activision Blizzard has been embroiled in a sexism and workplace discrimination crisis for the past six months, the effects of which directly led to the announcement on Tuesday that Microsoft plans to buy the publisher for a record-breaking $68.7 billion, according to a report from The Wall Street Journal.

Why is Activision suing Microsoft?

The lawsuit filed in a US federal court says the $69bn (£56bn) deal by the Xbox console maker to purchase its rival will "create a monopoly in the video game industry". The complaint comes two weeks after US regulators filed a case with an administrative judge to block the deal.

Has Microsoft done anything with Activision?

It announced it had signed a deal with Nvidia to make Xbox PC games, including Activision Blizzard titles like Call of Duty, available on the GeForce Now cloud gaming service, a direct rival to its own Xbox Cloud Gaming.

Who is suing Microsoft?

Microsoft Corp was hit on Tuesday in US court with a private consumer lawsuit claiming the technology company's $69 billion bid to purchase “Call of Duty” maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry.

What is the probability of Microsoft Activision deal?

The gap between Activision stock price and the takeover bid widened after the UK Competition and Markets Authority voiced its opposition to the tie-up. At this point, the market sees a 10% to 30% probability of the transaction being completed, said Aaron Glick, a merger arbitrage specialist at Cowen & Co.

Will Microsoft layoff Activision employees?

Tech giant Microsoft has announced a massive round of layoffs throughout its divisions on January 18, 2023, which affects around 10,000 employees including game developers.

Will Microsoft make Activision exclusive?

Phil Spencer: Microsoft Will Not Make Any Call of Duty Content Exclusive to Xbox - News. Microsoft Gaming CEO Phil Spencer in an interview with Xbox On was asked about the Activision Blizzard deal and the future of Call of Duty.