NEW YORK — Microsoft has completed its acquisition of video game-maker Activision Blizzard for $69 billion, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry. The notice that the deal has gone through came seven hours after...
Tech giantMicrosoftwill buy the video game publisherActivision Blizzardin a $68.7 billion deal that would reshape the gaming landscape. The deal, if completed, would bring together Microsoft, which owns the Xbox game platform and Xbox Game Studios (owner of Bethesda Softworks and 343 Industries, a...
Last year, Microsoft spent $7.5 billion to acquire ZeniMax Media, the parent company of video game publisher Bethesda Softworks, which is behind popular video games The Elder Scrolls, Doom and Fallout. The Redmond, Washington, tech giant said both acquisitions will help beef up its Xbox Game P...
The 12 Best Tech Stocks to Buy for 2022 Not only does the deal create the world's third-largest video game company, but — perhaps more importantly — it gives MSFT another way to leverage its behemoth of a cloud-based services business. Indeed, gaming's future as a cloud-based product ...
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.
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 t...
If Microsoft is buying Minecraft to pump out hit games, the odds are stacked against it. The video game world is full of one-hit wonders. Angry Birds was a sensation that Rovio hasn't been able to replicate, and the company ended 2013 with a 50% drop in net profit.Rovio is dumping ...
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...
Xbox Game Pass subscription service, which now has 25 million subscribers and gives members access to all of its first-party games for no extra charge, on the day of their release. It acquired Bethseda nearly a year ago and the company also bought Mojang, the maker of Minecraft, in 2014...