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...
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...
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, theVanEck Vectors Video Gaming and eSports ETF (ESPO)increased 1.4% and theGlobal X Video ...
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 ...
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...
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 was one of the reasons behind Cambiar Inves...
After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the ...
The question now on fans' minds is whether a big company like Microsoft will let this independent, humble game maker roam freely and retain its unique flavor -- or suck the soul out of the studio. That's what happened when Microsoft acquired Bungie, the makers of the multi-billion-dollar...