Microsoft has announced that it will buy Activision Blizzard, the giant name of the gaming world, with the surprise statement it just shared. It was stated that the purchase amount was 68.7 billion dollars, and it was stated that the transactions were aimed to be completed in the 2023 fiscal year.
Going through the days when competition in the game world is increasing and giant studios are being bought by giant companies, today, there has been a development that shook the game world. Microsoft includes developer companies such as Blizzard, King, Treyarch, Raven, Highmon, Beenox, Sledgehammer Games, Infinity Ward, Demonware, and Toys for Bob. Acquire Activision Blizzard explained.
Surprisingly, the news shared on Microsoft’s website also shared how much Activison cost Microsoft. According to the statement, Microsoft will sell Activision Blizzard at $95 per share, all in cash. $68.7 billion will buy. Of course, with Activison Blizzard joining Microsoft, All productions within its body will also be moved to the Microsoft roof..
Microsoft becomes the third largest game studio in the world:
With this huge and historical acquisition, Microsoft will now become the roof of series such as Warcraft, Diablo, Overwatch, Call of Duty and Candy Crush from studios such as Blizzard and King, and global esports activities such as Major League Gaming. also Activision Blizzard’s games will be added to Microsoft Game Pass for gamers. With the purchase, Microsoft will gain a total of 30 game developer studios and additional broadcast and esports capabilities.
Completing this process will give Microsoft another title. Microsoft in terms of market value following the completion of Activision Blizzard’s acquisitions. It will become the third largest gaming company in the world.. The company will be placed in the third place of the list, after Tencent in the first place and Sony in the second place.
The acquisition will be subject to usual closing conditions, completion of regulatory review and shareholder approval by Activision Blizzard. The deal is expected to be completed in the 2023 fiscal year.