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Microsoft and the video game giant Activision Blizzard will face off Thursday against the US government in a high-stakes battle over one of the largest technology acquisitions in history.
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 ...
October 13, 2023 at 9:00 AM. 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 ...
The Activision Blizzard layoffs are part of Microsoft's move to cut 3% of its global gaming employees, or 650 people. Microsoft completed its acquisition of Activision Blizzard last year after ...
Activision Blizzard is a current lawsuit filed by the California Department of Fair Employment and Housing (DFEH), now the Civil Rights Department (CRD) against video game developer Activision Blizzard in July 2021. The lawsuit asserts that management of Activision Blizzard allowed and at times encouraged sexual misconduct towards female ...
Activision Blizzard at Gamescom 2013, where the company exhibited 2013 titles such as Call of Duty: Ghosts and Skylanders: Swap Force. On July 25, 2013, Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion, dropping the shareholder from a 63% stake to 11.8% by the end of the deal in September. [44]
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.
Bobby Kotick is officially leaving Activision Blizzard on Dec. 29, after more than three decades as CEO of the gaming giant, following Microsoft’s $69 billion takeover of the company. With his ...