Microsoft has announced that it intends to acquire Activision
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.
"Over many decades, the studios and teams that make up Activision Blizzard have earned vast wellsprings of joy and respect from billions of people all over the world," said Phil Spencer in a statement published to Xbox Wire, rattling off the list of Activision subsidiaries like Blizzard Entertainment, Infinity Ward, King, Raven Software, Sledgehammer Games, Toys for Bob, Treyarch and more that will become a part of the company once the acquisition is complete.
"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," continued Spencer. That's very intriguing news indeed, with the prospect of more Call of Duty games coming to the subscription service as well as titles like World of Warcraft, Tony Hawk's Pro Skater 1 + 2, and Crash Bandicoot."
This is Huge!
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.
"Over many decades, the studios and teams that make up Activision Blizzard have earned vast wellsprings of joy and respect from billions of people all over the world," said Phil Spencer in a statement published to Xbox Wire, rattling off the list of Activision subsidiaries like Blizzard Entertainment, Infinity Ward, King, Raven Software, Sledgehammer Games, Toys for Bob, Treyarch and more that will become a part of the company once the acquisition is complete.
"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," continued Spencer. That's very intriguing news indeed, with the prospect of more Call of Duty games coming to the subscription service as well as titles like World of Warcraft, Tony Hawk's Pro Skater 1 + 2, and Crash Bandicoot."
This is Huge!