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Microsoft bought Activision Blizzard for $68.7 billion

1 min read
Microsoft bought Activision Blizzard for $68.7 billion
Image Credit: Activision Blizzard

Activision Blizzard, the publisher of Call of Duty, World of Warcraft, Overwatch, Spyro, Hearthstone, and Diablo, has been acquired by Microsoft. Activision Blizzard will be worth $68.7 billion as a result of the acquisition.

Microsoft is making its greatest gaming push yet, claiming to be the “third-largest gaming company by revenue, behind Tencent and Sony.” According to The Verge, the purchase is scheduled to close in the fiscal year 2023 once it is finalized.

Once the acquisition is finalized, Microsoft plans to add many of Activision’s games to Xbox Game Pass. Microsoft will soon publish titles such as Warcraft, Diablo, Overwatch, Call of Duty, and Candy Crush thanks to its acquisition of Activision.

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“Upon close, we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard’s incredible catalog,” Microsoft’s CEO of gaming Phil Spencer said in the press release.

Microsoft continues to acquire studios to grow Xbox Game Pass’s membership base, which presently stands at 25 million.

“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,” says Microsoft CEO Satya Nadella.

Shubham Sawarkar

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