Microsoft’s largest-ever acquisition, plus the largest in the gaming industry’s history, was marked on Tuesday, January 18, when Microsoft struck a deal. almost cash of $70 billion and the acquisition of game company Activision Blizzard. This now makes Microsoft the third largest gaming company in the world.
Activision Blizzard is known for producing the most played video games in the world such as Call of Duty, Crash Bandicoot, Tony Hawk’s, World of Warcraft, Diablo, Candy Crush Saga, etc.
According to the Microsoft News Center, by executing the agreement, Microsoft aims to provide the building blocks for the metaverse and grow its gaming business across mobile, PC, console, and mobile devices. cloud.
“Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” said Satya Nadella, Microsoft’s CEO. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all.”
“Players everywhere love Activision Blizzard games, and we believe the creative teams have their best work in front of them. Together we will build a future where people can play the games they want, virtually anywhere they want,”
Phil Spencer, CEO of Microsoft Gaming said.
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