Microsoft will be the new home for Video Game Giants
Microsoft announced, on Tuesday, it will acquire Activision Blizzard, the publisher behind Call of Duty, World of Warcraft, Candy Crush and Diablo, in an all cash deal valued at $68.7 billion. 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.
“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 Microsoft CEO Satya Nadella in a statement, “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”
Microsoft plans to add many of Activision’s games to Xbox Game Pass once the deal closes. With the acquisition of Activision Blizzard, Microsoft will soon publish franchises like Warcraft, Diablo, Overwatch, Call of Duty and Candy Crush.