Microsoft Corporation acquires Activision Blizzard

Microsoft Corporation acquired Activision Blizzard for $68.7 billion, a transaction completed in October 2023, structured as all cash.

Activision Blizzard operates in Gaming, is based in Santa Monica, California, USA. Microsoft acquired Activision Blizzard, the publisher behind franchises such as Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush, for $95.00 per share in cash, about $68.7 billion — the largest acquisition in Microsoft's history. The deal, which closed after nearly two years of global regulatory review (including remedies for cloud-gaming rights), made Microsoft the world's third-largest gaming company by revenue and brought Activision, Blizzard and King studios into Microsoft Gaming under Phil Spencer.

Accelerate Microsoft's gaming strategy across mobile, PC, console and cloud, adding blockbuster franchises to Xbox Game Pass and building a foundation for the metaverse.

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.Satya Nadella, Chairman and CEO, Microsoft

Advisory firms were not disclosed for this transaction.

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