While Microsoft shocked the gaming industry and the business world with its surprise “We are buying Activision” announcement yesterday, Sony’s shares hit the wall. Sony’s shares fell nearly 14% after the news.
The game world had encountered a big surprise yesterday, which was actually expected but unknown when it would come. Microsoft, which has invested billions of dollars in the game industry in recent years, announced its move that would be its biggest investment in this regard. According to the news that suddenly appeared on the Microsoft site, the company is the world’s largest game distributor. Activision would buy Blizzard.
Statement by Microsoft Acquisition of Activision for $68.7 billion specified. It was stated that with Microsoft’s acquisition of Activision, all games within Activision and naturally all studios within Activision will be transferred to Microsoft. In its announcement, Microsoft also stated that it plans to add these games to Game Pass, making all players even more happy. This news greatly affected Microsoft’s biggest rival in the gaming world.
Sony’s shares fell close to 15%
With the news that Microsoft will buy Activision, it became the world’s second largest game company. Sony’s shares literally crashed. Before the surprise news, Sony’s share value was at 14,230 Japanese yen ($124), but after the news, this number was reduced to 12,410 ($108). in total Nearly 14% depreciation it happened.
Having bought one of the most well-established and successful companies in the gaming industry, Microsoft announced that it would become the world’s 3rd largest gaming company when the acquisition was completed. Microsoft in the last 5 years, including this purchase to buy only 3 companies 102 billion dollars Two of these companies were game companies (Activision and Bethesda).
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We look forward to seeing what Microsoft has to offer with this massive gaming power, and we can’t wait to see how Sony will challenge Microsoft over the years to come. The gaming world in the coming years quality game and through this strife will emerge from some blessings It looks like it will benefit a lot.