The serious business of gaming
Tech giant Microsoft has completed its purchase of US video game company Activision Blizzard, forking out a cool US$68.7 billion to take control of the company. The deal is notable because it’s Microsoft’s biggest acquisition ever. For context, it paid US$26 billion to buy LinkedIn back in 2016, and it’s also the biggest-ever gaming deal overall. For dedicated gamers, it means massively popular games like World of Warcraft and Call of Duty will now be part of the Xbox family. And given the scale of it, it might not be surprising that the deal wasn’t straightforward… The purchase took 20 months of negotiations with UK and US regulators over competition concerns. “Today is a good day to play,” said Xbox boss Phil Spencer (note: not the adorable guy from Location, Location, Location…).
Know someone who'd be interested in this story? Click to share...
The Squiz Today
Your shortcut to being informed, we've got your news needs covered.
Also Making News
Get the Squiz Today newsletter
Quick, agenda-free news that doesn't take itself too seriously. Get on it.