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Microsoft is buying Activision Blizzard for $68.7 billion

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Microsoft just made one of the largest-ever bids for a game studio. The company has announced plans to acquire Activision Blizzard for $95 per share, valuing the all-cash deal at an enormous $68.7 billion

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Microsoft is acquiring Activision, the troubled publisher of Call of Duty, World of Warcraft, and Diablo

 

The deal will value Activision at $68.7 billion, far in excess of the $26 billion Microsoft paid to acquire LinkedIn in 2016. It’s Microsoft’s biggest push into gaming, and the company says it will be the “third-largest gaming company by revenue, behind Tencent and Sony” once the deal closes.

 

Microsoft plans to add many of Activision’s games to Xbox Game Pass once the deal closes. With the acquisition of Activision, Microsoft will soon publish franchises like Warcraft, Diablo, Overwatch, Call of Duty and Candy Crush. “Upon close, we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard’s incredible catalog,” says Xbox chief Phil Spencer.

 

Xbox Game Pass now has 25 million subscribers, as Microsoft continues to acquire studios to boost the subscription service.

 

Microsoft’s deal comes after months of sexual harassment claims against Activision Blizzard. Last July, the California Department of Fair Employment and Housing (DFEH) sued Activision Blizzard for promoting a culture of “constant sexual harassment.” More employees have come forward with more allegations of sexual misconduct ever since, and the company reached an $18 million settlement with the US Equal Employment Opportunity Commission in September. That settlement is being appealed, and reports indicate that nearly 40 Activision Blizzard employees have reportedly “exited” the company since last July.

 

Microsoft doesn’t detail exactly how it will approach solving these issues, and the company says Bobby Kotick will continue to serve as CEO of Activision Blizzard. “As a company, Microsoft is committed to our journey for inclusion in every aspect of gaming, among both employees and players,” says Xbox chief Phil Spencer. “We deeply value individual studio cultures. We also believe that creative success and autonomy go hand-in-hand with treating every person with dignity and respect. We hold all teams, and all leaders, to this commitment. We’re looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard.”

 

 

Edited by ziggypossum
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Wow that’s incredible, but I think it’s not a good thing for all players using only a console made by Sony or Nintendo 

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Here's something I'm wondering if it will happen: What will become of PlayStation servers for Activision Blizzard games? Will Microsoft/Activision Blizzard shut those down to be a 'fuck you' move to PlayStation owners (trophy hunters like us)?

 

 

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They're perhaps trying to compete with Tencent, who seem to be pretty much buying every game studio in the East at the moment (and the West too)

Microsoft up to their old tricks of just buying up the competition.

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I have played one game out of their entire catalogue... Destiny...

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Wow, that’s a huge amount of cash!

 

Quite an interesting clue about the level of profitability expected by Microsoft in the future…

 

Edited by Neef-GT5
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5 minutes ago, SnowxSakura said:

 

Leaving bobby kotick as the ceo is such a mistake too


Not sure old Bobby is likely to stay on the long-term though…

 

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2 minutes ago, SnowxSakura said:

Tenchu is owned by FromSoftware

fixed

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