Will Microsoft 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 Microsoft buying out Blizzard?

It said it had “reached the conclusion that the transaction is unlikely to result in substantially restraining competition in any particular fields of trade.” Here's a list of all the countries that have approved Microsoft's acquisition of Activision Blizzard so far: Japan. Chile.

How long will it take for Microsoft to buy Blizzard?

Microsoft Acquisition

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 happens when Microsoft buys Activision Blizzard?

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.

Will Microsoft Activision deal be 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 Will Microsoft Do If It Can't Buy Activision?

Is the Microsoft Activision deal final?

Microsoft's attempted acquisition of Activision Blizzard has a termination date of July 18th, 2023.

Is Microsoft still planning to buy Activision?

On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in cash.

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.

What does it mean if Microsoft buys Activision?

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 would Microsoft want to buy Activision Blizzard?

Microsoft Wants Activision for Its Games. Activision has a lot of popular games that fit into Microsoft's plans to build a vast library of titles that can be played on all sorts of devices.

What are the odds of Activision getting Microsoft?

Microsoft acquisition of Activision remains 'less than 50-50' chance amid FTC lawsuit: Analyst. CFRA Vice President of Equity Research John Freeman reacts to the outlook of Microsoft's long-awaited acquisition of Activision-Blizzard when weighed against the FTC's latest antitrust lawsuit against the tech company.

Is Microsoft Blizzard deal finalized?

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. The deal gives golden parachutes to top execs at Activision, including embattled CEO Bobby Kotick.

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 buying Call of Duty?

They weren't the only ones — the 19-year-old military-themed franchise has generated over $30 billion in revenue, with 425 million units sold. Now, Call of Duty is at the center of a legal battle surrounding Microsoft's largest-ever acquisition, the purchase of Call of Duty owner Activision Blizzard.

What will happen to cod after Microsoft bought Activision?

Microsoft Acquisition Won't Affect Call Of Duty For "Several Years", Says Xbox. After Microsoft announced its planned acquisition of Activision earlier this year, the concern on many gamers' minds was what would end up happening to Call of Duty.

Will Call of Duty become Xbox exclusive?

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.

Why does Microsoft want Call of Duty?

Microsoft said that the deal would “accelerate the growth in Microsoft's gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse”, and its chief executive Satya Nadella said it was “investing deeply in world-class content, community and the cloud to usher in a new era of ...

Is Microsoft confident about Activision deal?

Xbox CEO Phil Spencer says he's confident its Activision-Blizzard acquisition deal will receive final approval from global regulatory bodies. Xbox head Phil Spencer remains confident that Microsoft's Acquisition of Activision-Blizzard will go through.

Does Microsoft control Blizzard?

Microsoft announced plans to acquire Activision Blizzard for $68.7 billion in January, with the goal of closing it by June 2023.

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 will happen to Activision Blizzard shareholders?

Following closing, all Activision Blizzard employee shareholders will be treated the same as other shareholders and receive $95.00 for each share of Activision Blizzard stock that they own.

Did Sony stop Microsoft from buying Activision?

Sony Won't Let Microsoft's $69 Billion Activision Acquisition Go, Stresses It's Bad for Gaming. Update: Microsoft has responded to Sony's comments about the acquisition with yet another statement to GamesIndustry.

Did Microsoft overpay for Activision?

Most people think that Microsoft overpaid with the $70 billion price tag on Activision Blizzard. Not necessarily. People tend to look at this as a consolidation deal, where Microsoft buying a company at a decline, which is not. The important point of the deal was to facilitate Category Acceleration.

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.