Microsoft to Buy Activision Blizzard in a $68.7 Billion Cash Deal

Microsoft said Tuesday it will buy video game Activision Blizzard in a $68.7 billion all cash deal.

About Activision Blizzard:

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.

Activision Blizzard game list:

Call of Duty series Crash Bandicoot series Guitar Hero series Skylanders series Spyro the Dragon series Tony Hawk's series Diablo series Hearthstone Heroes of the Storm Overwatch StarCraft series Warcraft series Candy Crush Saga.

Under this deal Activision Blizzard CEO Bobby Kotick will have to report to Microsoft’s Xbox boss Phil Spencer.

"Microsoft has gotten more aggressive with gaming over the past several years. It bought Minecraft maker Mojang for $2.5 billion in 2014. And last year, Microsoft completed a $7.5 billion acquisition of game maker Bethesda." Source CNBC

Microsoft getting ready to compete with Facebook/Meta to build technologies for the metaverse.

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