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Microsoft is paying nearly 70 billion for Activision Blizzard the maker of Candy Crush and Call of Duty to boost its competitiveness in mobile gaming and virtual-reality technology. Microsoft is acquiring Activision Blizzard in an all-cash deal worth 687 billion.
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Microsofts 687 billion purchase of Activision brings Xboxs stable of internal game development studios to 30 and gives Microsoft control.
. The takeover of Activision would make Microsoft the worlds third-largest gaming company by revenue behind Tencent and Sony the company said. The price means Microsoft will. This acquisition will accelerate the growth in Microsofts gaming business across mobile PC console and cloud and will provide building blocks for the metaverse.
When the transaction closes. Microsoft will acquire Activision Blizzard in a deal valued at 687 billion USD about 8596 billion CAD. Microsoft announced Tuesday it will buy video game giant Activision Blizzard in a 687 billion all-cash deal.
The deal is good news for Activision investors who have been buffeted by bad news about the company that tanked. Today Microsoft Corp. Microsoft is paying nearly US70 billion for Activision Blizzard the maker of Candy Crush and Call of Duty to boost its competitiveness in mobile gaming and virtual-reality technology.
Microsoft now makes Xbox consoles and owns studios. Microsoft is paying nearly 70 billion for Activision Blizzard the maker of Candy Crush and Call of Duty to boost its competitiveness in. Announced plans to acquire Activision Blizzard Inc a leader in game development and interactive entertainment content publisher.
Microsoft will acquire Activision Blizzard for 9500 per share in an all-cash transaction valued at 687 billion inclusive of Activision Blizzards net cash. Activision Blizzard is the troubled publisher behind many popular games including the Call of Duty series World of Warcraft and DiabloThe deal far outranks most of Microsofts other acquisitions both in gaming and beyond.
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