Skip to content

Ace Network – The source for gaming news, events and updates

AcemanWolf's Gaming Blog – PlayStation, Xbox, GPU, video games and great deals.

GameStop - AcemanWolf.net
  • Gaming Topsite
  • Minecraft Server
  • Contact Us

Microsoft Buys Activision Blizzard for a Record Amount!

Posted on January 19, 2022January 19, 2022 By AcemanWolf
acemanwolf.net

We started the new year with a major decision for the gaming industry. Indeed, Microsoft has just announced, more than officially, the takeover of Activision Blizzard. The parent company of Xbox therefore gets its hands on licenses such as World of Warcraft, Call of Duty or even Crash Bandicoot.

An agreement worth more than FIFTY BILLION!!

Via a post on its official blog, Microsoft announced today that it has reached an agreement to acquire Activision Blizzard King. An agreement worth 68.7 billion dollars according to Reuters, a deal never reached in the sector: it crash the recent takeover of Zynga by Take-Two (GTA), estimated at 12.7 billions of dollars. Nevertheless, Microsoft specifies that the acquisition is not finalized and that the organization remains the same for the moment. Phil Spencer, the boss of Xbox, explains:

« Until this transaction is negotiated, Activision Blizzard and Microsoft Gaming will continue to operate independently. Once the acquisition is completed, I will be the referent of the Activision Blizzard teams. »

However, these statements maintains the vagueness on one of the following questions: what future for Bobby Kotick, CEO of Activision Blizzard, accused of maintaining a toxic and macho culture within the studios, while having covered acts of harassment and aggression?

Call of Duty, WOW, Crash Bandicoot, Overwatch… Microsoft gets its hand on a package of licences

In September 2020, Microsoft acquired Zenimax Media (Bethesda) for $8.1 billion. With such an acquisition, the American giant got its hands on many video game licenses such as Elder Scrolls or Fallout. But it’s all the more colossal with Activision’s: Sekiro, Crash Bandicoot, Tony Hawk, and of course Call of Duty. And that’s not counting the franchises of Blizzard: World of Warcraft, Hearthstone, Overwatch, Diablo and Starcraft which will also be the property of Microsoft. An acquisition justified in the following way by Phil Spencer:

« As a team, we aim to extend the joy and community of gaming to everyone on the planet. We all know that gaming is the most engaging and dynamic form of entertainment on the planet, and we’ve all experienced the power of social connection and the friendships gaming can foster. »

And to do so, he even mentions the Game Pass. Proud to say that it is now at 25 million subscribers, the Xbox subscription service hopes to offer the maximum possible game in its catalog, as there are many Activision Blizzard licenses and franchises.

As mentioned earlier in the article, an agreement has been reached but the takeover has not yet been finalized. It will probably be assessed by the European Commission to see if the acquisition of Activision Blizzard by Microsoft is not contrasting to Antitrust law. If the European Commission considers that this acquisition places Microsoft in a dominant position, then it can refuse it.

All content, game titles, trade names and/or trade dress, trademarks, artwork and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved.

News Tags:activision, blizzard, king, Microsoft, pc, xbox

Post navigation

Previous Post: Bandai Namco : A New My Hero Academia with Battle Royale Revealed
Next Post: Banjo-Kazooie N64 is Coming to Nintendo Switch

Social Media Icons

Visit Us On TwitterVisit Us On FacebookVisit Us On PinterestVisit Us On Instagram

Discord

Amazon

NameCheap

Ads

Best Buy

Walmart

About Us

Since 2020, Ace Network provide readers and viewers with the latest game news on PlayStation, Xbox, Minecraft, video games and great deals. We also track next-gen consoles and GPU's on our Discord channel and Twitter page.

acemanwolf

Information Center

  • Contact Us
  • PayPal Donation
  • Privacy Policy
* Mastodon

Copyright © 2020-2022 Ace Network - All content, game titles, trade names and/or trade dress, trademarks, artwork and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved.

Powered by PressBook News Dark theme

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Ace Network - The source for gaming news, events and updates
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.