«The amount of franchises that we now have in our portfolio is kind of inspiring; it's daunting.»
06.10.2023 - 14:33 / gamingbolt.com / Next Week / Will
The saga of Microsoft’s proposed acquisition of Activision Blizzard has dragged on for nearly two years at this point, but after having cleared several major regulatory hurdles, it seems like the $69 billion deal is edging closer to being finalized.
Recently, it was reported that the UK’s Competition and Markets Authority had provisionally approved the deal. The regulatory body is set to announce its final decision next week, and though the exact date on which the process is brought to an end may change, according to a report published by The Verge citing sources familiar with the process, Microsoft is currently planning on officially announcing that it has completely the drawn-out acquisition on October 13.
Previously, the European Commission also approved the proposed acquisition, while the US’ FTC’s attempts to block the deal ended in failure (though the agency is still moving ahead with an in-house trial).
As previously confirmed, the deadline for Microsoft and Activision Blizzard’s acquisition agreement is October 18.
«The amount of franchises that we now have in our portfolio is kind of inspiring; it's daunting.»
US tech giant Microsoft has completed its acquisition of games giant Activision Blizzard.
Microsoft has finally closed their deal to acquire and merge with Activision Blizzard King.
It's official: Microsoft has acquired Activision Blizzard, the company behind franchises like Call of Duty, Overwatch, Diablo, and World of Warcraft, for a colossal $69 billion.
It's official: Microsoft has acquired Activision Blizzard, the company behind franchises like Call of Duty, Overwatch, Diablo, and World of Warcraft.
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The road seems clear for Microsoft to close its acquisition of Activision Blizzard by October 18th, though the company still requires approval from the Consumer Markets Authority (CMA). It was provisionally approved by the authority following some alterations last month. While the jury is still out, people “familiar with the matter” say the changes won’t require another probe from the European Commission, says Bloomberg.
Several things have separated Nintendo from the rest of the gaming powerhouses over the years. And one of the biggest ones is how they’ve used their experience, longevity, and clout to branch out into things beyond games in ways the other publishers can’t. Yes, everyone has had TV or movie adaptations of their properties, but if you look beyond that, Nintendo is doing quite a lot. One such “expansion” they’ve been doing is opening up new stories from which fans can buy merch. One such store, Nintendo Kyoto, is opening up next week!
The creator of the popular Analogue Pocket retro handheld has posted a cryptic image to social media.
Activision Blizzard has made a surprise announcement about Game Pass.
Now that the Federal Trade Commission (FTC) has been defeated in court, and the UK's Competition and Markets Authority (CMA) has been appeased, Microsoft is pretty much guaranteed to finally get its acquisition of Activision Blizzard over the line at some point this year. Ever since Microsoft announced its intention to acquire Activision Blizzard, questions have been asked over which of the publisher's massive titles will be headed to Xbox Game Pass in the proceeding months and years.
Microsoft is aiming to close its $69 billion deal for "Call of Duty" publisher Activision Blizzard on Oct. 13 if it gets approval from Britain's antitrust regulator, the Verge reported on Friday, citing a source.