Microsoft plans to buy Activision Blizzard for $68 billion
Microsoft has the spending pants on and is not content with having pinched Zenimax and Bethesda. Now they also announce that they intend to buy Activision Blizzard for 68.7 billion dollars. In a post on the Xbox website, they write that the companies will continue to act independently of each other until the deal is completed.
Furthermore, they write that they aim to offer as many of Activision Blizzard's games as possible via Game Pass to Xbox and PC, including new and old titles. Activision Blizzard is based in many traditional studios and valuable brands, such as Warcraft, Diablo, Call of Duty and Overwatch, so Game Pass can undoubtedly get a real boost if the deal goes through.
In the post, Xbox CEO Phil Spencer also writes that creative success and self-reliance go hand in hand with treating all people with respect, which unfortunately does not seem to have been the motto of Activision Blizzard in recent years. He points out that all teams and leaders are expected to live up to this and that they look forward to spreading Microsoft's corporate culture to the teams at Activision Blizzard. However, everyone's favorite CEO Bobby Kotick is reported to remain in office, at least for the time being.
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