Is Microsoft Activision deal done?

Microsoft has confirmed that it has signed a “binding 10-year legal agreement” to put Call of Duty on Nintendo platforms on “the same day as Xbox, with full feature and content parity.” Microsoft vice chair and president Brad Smith announced the deal on Twitter.

How long will the Microsoft Activision deal take?

Microsoft has suffered several major setbacks in its proposed acquisition of Activision Blizzard, with both the UK Competition and Markets Authority (CMA), and the US Federal Trade Commission (FTC) providing new hurdles for the deal's completion at the tail end of 2022.

What will happen with Microsoft buying Activision?

Microsoft has a lot going on, including a cloud gaming service that allows games to be played on any computer or mobile device called Xbox Cloud Gaming. If Microsoft owns Activision Blizzard, it will easily have the best library in cloud gaming on the market, with almost no competition.

Did the Xbox Activision deal go through?

Activision Shareholders Approve Xbox Deal, But Wall Street Has Doubts. Apr. 28, 2022: Shareholders at Call of Duty and Overwatch 2 publisher Activision Blizzard voted overwhelmingly on Thursday to approve a $69 billion sale to tech giant Microsoft.

Is Microsoft really buying Activision?

Microsoft first announced its plans to purchase Activision Blizzard in January 2022. The deal has since faced scrutiny by governing bodies in the US, UK, and EU.

The Microsoft deal to buy Activision IS DONE! Xbox WINS over PlayStation in Court!

Is Microsoft 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) …

Is Activision Blizzard a buy or sell?

Activision Blizzard's analyst rating consensus is a Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.

How much did Xbox pay for CoD?

Players can also possibly expect various Xbox-exclusive content to follow the $68.7 billion purchase, much like previous deals catered to PlayStation users. With time those perks will likely be amplified, making Call of Duty a distinctly Xbox-tied experience.

Who owns Call of Duty franchise?

Call of Duty (often acronymized to CoD) is a first-person shooter video game franchise published by Activision. Starting out in 2003, it first focused on games set in World War II. Over time, the series has seen games set in the midst of the Cold War, futuristic worlds, and the modern day.

What happen to Xbox?

Microsoft has discontinued its Xbox One video game console — or rather, it's been discontinued for over a year. The Xbox One, Microsoft's third model of the Xbox and its entry into the eighth generation of video game consoles, originally debuted in 2013.

What does it mean when Microsoft buys Activision Blizzard?

The deal would grant Microsoft ownership over globally recognized franchises like Call of Duty, World of Warcraft, and Candy Crush, to name a few. It also creates a new division in the company, Microsoft Gaming, to be led by the company's head of its Xbox division, Phil Spencer.

Will the Activision deal get 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.

How long is the deal between Sony and Activision?

Some reporting indicates that this old Sony-Activision deal will last into 2024, so what that means in practice is that even if Microsoft does acquire Activision Blizzard, they have committed to the public, Sony and regulators that not only will they not rip Call of Duty off PlayStation, but that they won't even give ...

Will Call of Duty franchise end?

A change of direction for Call of Duty

Still, the franchise will continue on as planned. Furthermore, Activision has also pledged to release future COD games on the Nintendo Switch and Nvidia's games streaming service.

Is Nintendo buying Call of Duty?

Microsoft has entered into a commitment to bring the gaming Call of Duty to Nintendo platforms. Microsoft Corp. and Nintendo Co. formalized their agreement to bring Call of Duty to Nintendo platforms for a decade, a move designed to allay fears about the blockbuster game becoming an Xbox exclusive.

What game has made the most money?

Top Grossing Games 2022

Honor of Kings snatched the title from PUBG Mobile, which had held it for three years previously. PUBG Mobile had a noticeable decline in 2022, from $2 billion to $1.12 billion.

Will Microsoft buy Blizzard?

Announcement. 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 should Microsoft buy Activision?

Activision helps Microsoft broaden its influence over players who like shooter games like Call of Duty, those who participate in competitive video gaming leagues devoted to games like Overwatch and Hearthstone, and the massive audience of mobile gamers, particularly in Asia.

Will Microsoft bring Call of Duty to Nintendo?

Call of Duty will be available to Nintendo players on the same day as Xbox with “full feature and content parity” under a 10-year agreement between the two platforms, Microsoft's Brad Smith announced.

What is the target price for Activision stock?

Stock Price Forecast

The 20 analysts offering 12-month price forecasts for Activision Blizzard Inc have a median target of 95.00, with a high estimate of 95.00 and a low estimate of 81.00. The median estimate represents a +11.01% increase from the last price of 85.58.

Is Microsoft stock a buy or sell?

Microsoft's analyst rating consensus is a Strong Buy. This is based on the ratings of 31 Wall Streets Analysts.

Who is against the Microsoft Activision deal?

The UK's Competition and Markets Authority (CMA) has said it is opposed to Microsoft's planned purchase of games developer Activision Blizzard. The CMA said it had provisionally concluded it would result in higher prices, fewer choices and less innovation.

Who is blocking the Microsoft Activision deal?

But things got really interesting in early December of last year, when the FTC sued to block Microsoft from acquiring Activision Blizzard, with preliminary hearings set to begin this August.

What is the probability of Activision deal closing?

Activision shares are priced now at 20 times earnings. The market is pricing in roughly a 35% to 40% probability of the deal closing.