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On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion. [1] The acquisition was completed on October 13, 2023, with its total cost amounting to $75.4 billion. [2] Under the terms of the agreement, Microsoft brought Activision Blizzard under its Microsoft Gaming business unit as a sibling division to ...
UPDATED: Microsoft closed a $68.7 billion deal to acquire Activision Blizzard on Friday after getting the green light from regulators in the U.K., nearly two years after it was first announced.
Blizzard Entertainment, which handles the development, production, and distribution of Blizzard's games. It also maintains Battle.net, organizes BlizzCon, and houses the company's esports activities including MLG and the Overwatch League. King, which handles the development and distribution of its mobile games.
The game series earns Activision Blizzard billions each year, with the latest installment, 2022's "Call of Duty: Modern Warfare II," clearing $1 billion in sales in its first 10 days on the market.
Microsoft valued the Activision deal at $68.7 billion when it was first announced, “inclusive of Activision Blizzard’s net cash,” though Microsoft agreed to pay $95 in cash for each share of ...
Microsoft Corp. and Activision Blizzard, Inc. is a lawsuit brought against multinational technology corporation Microsoft and video game holding company Activision Blizzard in 2022. The Federal Trade Commission (FTC) sought a temporary injunction against Microsoft in their efforts to acquire Activision Blizzard.
Microsoft has completed its takeover of Activision Blizzard, the maker of “Call of Duty” and other hit video games, closing one of the biggest tech deals of all time.. The company said in a ...
In December 2007, American publisher Activision announced a proposed merger deal with Vivendi Games that would create a new holding company named Activision Blizzard. [19] [20] The deal was approved by Activision's shareholders on July 8, 2008, [20] and the merger was finalized on July 10, creating Activision Blizzard while dissolving Vivendi ...