$69 billion Activision Blizzard takeover won’t harm the competition – Satya Nadella
A momentous turning point in the gaming industry: Microsoft has finalized its massive $68.7 billion purchase of video game publisher Activision Blizzard. This is the largest acquisition Microsoft has ever made in its 48-year existence. Activision’s gaming franchises include Call of Duty, Crash Bandicoot, Diablo, Overwatch, StarCraft, Tony Hawk Pro Skater and Warcraft.
Microsoft CEO Satya Nadella said that the acquisition of Activision Blizzard won’t harm the competition. Nadella said the company will continue to provide Activision games on rival platforms. Nadella, who took the helm in 2014, is aiming to diversify the company’s business beyond its core areas such as operating systems and productivity software.
Activision Blizzard CEO Bobby Kotick will stay on as CEO through the end of the year.
“Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms,” Microsoft Gaming CEO Phil Spencer said in a blog post. “We’ll share more about when you can expect to play in the coming months.”
Microsoft signed agreements with console rivals Nintendo and Sony, promising them access to Call of Duty games for 10 years. Microsoft made similar arrangements with cloud-gaming providers, including Boosteroid, Nvidia, Nware, and Ubitus.
Some of the largest mergers and acquisitions by Microsoft:
- Activision Blizzard: $68.7 billion
- LinkedIn: $26.2 billion
- Nuance Communications: $19.7 billion
- Skype Technologies: $8.5 billion
- ZeniMax Media: $8.1 billion
- GitHub: $7.5 billion
- Nokia mobile phones unit: $7.2 billion
- aQuantive: $6.3 billion
- Mojang: $2.5 billion
- Visio Corporation: $1.3 billion
- Affirmed Networks: $1.3 billion
- Navision: $1.3 billion
- Yammer: $1.2 billion
- Fast Search & Transfer: $1.19 billion
- Xandr: $1 billion
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