Computing giant Microsoft is making its biggest financial bet yet, acquiring the embattled video game powerhouse Activision Blizzard for nearly $70 billion in cash. The substantial purchase, Microsoft’s biggest since its $26 billion acquisition of LinkedIn in 2016, instantly places ...
Microsoft is paying the enormous sum of nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, a deal that would immediately make it a larger video-game company than Nintendo while raising questions about the deal’s possible anti-competitive effects. The all-c...
If you put your skeptical hat on, mentions of theas-yet-undefined "metaverse"Â could be seen as purely lip service to investors and shareholders. Put it this way: when a company you have a financial stake in buys out a company trading at around $65 per share for a whopping $95 per...
Microsoft is buying Activision Blizzard in a $68.7 billion all-cash acquisition, uniting two of the biggest forces in video games. It’s the software maker’s biggest deal ever, almost three times as large as the 2016 purchase of LinkedIn. Here are five key reasons why it happened. ...
Microsoft is paying the enormous sum of nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, a deal that would immediately make it a larger video-game company than Nintendo while raising questions about the deal’s possi
It acquired Bethseda nearly a year ago and the company also bought Mojang, the maker of Minecraft, in 2014. Microsoft plans to add many of Activision’s games to its Xbox Game Pass once the deal closes. It is also expected that Microsoft will keep making some of Activision’s games for...
Video gaming-themed exchange traded funds strengthened on Tuesday after Microsoft (NasdsaqGS: MSFT) acquired Activision Blizzard (NasdaqGS: ATVI) in an all-cash transaction worth $75 billion. On Tuesday, the VanEck Vectors Video Gaming and eSports ETF (E
Video gaming-themed exchange traded funds strengthened on Tuesday after Microsoft acquired Activision Blizzard in an all-cash transaction worth $75 billion.
ZeniMax is the parent company of Bethesda Softworks, publisher of popular game franchises including Dishonored, Doom, Fallout and Elder Scrolls. "Bethesda brings an impressive portfolio of games, technology, talent, as well as a track record of blockbuster commercial success," Microsoft said in sta...
Microsoft struck the deal for Activision in January of 2022 to expand its video game imprint beyond Xbox, which has less market share than longtime industry leader Sony and its PlayStation device. The company has been seeking regulatory approval in the U.S. and aboard over the past...