What is the Microsoft and Activision deal?

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.

What did Microsoft get in the Activision deal?

The 10-year deal struck on Tuesday will bring "Call of Duty" as well as other Activision and Xbox games to Nintendo devices and Nvidia's cloud-streaming service GEForce Now if Microsoft's $69 billion Activision acquisition is completed. Microsoft-published games will be available immediately on competitors' platforms.

Is Microsoft Activision deal done?

Microsoft used every means at its disposal on Tuesday, Feb. 21, to push its acquisition of Activision Blizzard forward.

Why is Microsoft merging with Activision?

Why Microsoft's Activision Blizzard deal could mean better games. By bringing Activision titles such as “Candy Crush” and “Call of Duty” under its roof, Microsoft is betting that it will be able to offer more games to its Game Pass subscribers.

Did Microsoft buy Activision?

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.

What Will Microsoft Do If It Can't Buy Activision?

What will happen to Activision stock after merger?

What happens to vested options: Activision Blizzard stock options that have vested prior to merger closing (other than underwater options) will be cancelled in exchange for a cash payment equal to the excess, if any, of the per share merger consideration of $95.00 over the exercise price, less any applicable tax ...

Why did Microsoft buy cod?

Last year, Microsoft announced a $68.7 billion deal to buy the maker behind titles such as Call of Duty, World of Warcraft, Overwatch, and the mobile game Candy Crush, in a bid to better compete with large publishers like Tencent and Sony.

Is Microsoft still buying Blizzard?

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.

Does Microsoft own Bethesda now?

With the buyout, Microsoft now owns a number of additional studios, including Bethesda Game Studios, id Software, ZeniMax Online Studios, Arkane, MachineGames, Tango Gameworks, Alpha Dog, and Roundhouse Studios.

Is the Xbox Activision deal finalized?

The deal has been approved by both companies' board of directors and is expected to close in 2023 following international government regulatory review of the action.

How long will it take for Microsoft to buy 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.

What is Microsoft doing with Call of Duty?

Update: Microsoft on Tuesday also announced a 10-year deal with NVIDIA to bring Xbox PC games and Activision PC games — including “Call of Duty” — to NVIDIA's GeForce Now cloud gaming service.

How many gaming companies does Microsoft own?

Microsoft Gaming has been heavily investing in the Xbox ecosystem. The Xbox Game Studios list is now comprised of over 20 developers, following high-profile acquisitions of companies like ZeniMax Media and investment in new entities like The Initiative.

What brands does Microsoft own?

Is Bethesda net shutting down?

All data, such as wallets and owned game libraries, will be migrated to Steam.

Has Microsoft made their money back on Bethesda?

Microsoft Made Enough Profit In Past 3 Months To Pay For Bethesda Acquisition Twice. In its first update since the Xbox Series X|S launch, Microsoft's gaming division is thriving. Business is booming for Xbox.

Is Bethesda net going away?

Bethesda Softworks will retire the Bethesda.net Launcher later in 2022, the company announced. Starting in early April, Bethesda.net Launcher users will be able to migrate their library and Wallet to their Steam account. Many games will also have their saves migrated, with a few requiring manual transfers.

Why is FTC suing Microsoft?

Like regulators in the EU and UK, the FTC is concerned that the deal could stifle competition in the gaming sector. Microsoft's plan to acquire gaming giant Activision Blizzard has a major challenge ahead, as a US regulator is seeking to prevent it.

Is Blizzard still making money?

Activision Blizzard (ABK) net revenue 2005-2022

In 2022, Activision Blizzard's annual revenue amounted to 7.53 billion U.S. dollars. Activision Blizzard publishes games such as Call of Duty, Guitar Hero, StarCraft and World of Warcraft.

How many companies does Microsoft own?

The company, cofounded by Bill Gates in 1975, made its first acquisition in 1987 and hasn't slowed down, with approximately 269 deals under its belt to this day.

Is Call of Duty leaving Xbox?

Appearing on The Verge's Decoder podcast(Opens in a new tab), Spencer took time to reiterate and emphasize, once and for all, that the blockbuster first-person shooter franchise will not become exclusive to Xbox at any point in the foreseeable future.

What does Microsoft buying Activision mean for gamers?

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.

Why did they sell Activision?

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.