Microsoft Gaming has just announced that it takes ACTIVISION Blizzard in a record-breaking acquisition of $68.7 billion — about five times as much as the previous record that has recently been set up Takeover by Zynga by Keto Interactive.
The deal provides that Microsoft receives the ownership of several massive IPS such as Call of Duty, Watch, World of Warcraft, Candy Crush and many more. Even IPS previously exclusive PlayStation exclusive, like Crash Bandicoot, are now part of Microsoft Gaming. The enormous deal also includes the E-Sports efforts by Major League Gaming and Activision Blizzard, to which the Call of Duty League and the Overwatch League belong.
Disputes is that the CEO of Activision, Bobby Kick, will remain in its position. Kick was prompted by employees by Activision Blizzard after repeatedly calling on the Wall Street Journal that he knew from several cases of sexual misconduct and harassment at Activision Blizzard and failed to disclose them to investors or take appropriate measures to investors.
Bloomberg's Jason, however, claims that Kick remains in his position for the takeover, but is not sure if it will be CEO after completion of the deal, as Activision Blizzard will now report to Microsoft Gaming Chief Phil Spencer.
It should also be pointed out that Kick will be for a tremendous payment, it should be released after a change of control at the publisher, such as the acquisition of Microsoft, from its position.
In an e-mail to employees of Activision Blizzard, Kick says that a transaction of this magnitude can take some time until it is completed, and says that the company will continue to work autonomous until the transaction is completed. He claims that in the e-mail that this will eventually happen Microsoft in the 2023 financial year ending in June 2023.
In a blog post, Spencer says that Microsoft will offer after completing the takeover So many Activision Blizzard games as possible in the Xbox Game Pass and PC Game Pass, both new titles and games from the incredible catalog of Activision Blizzard.
He also reveals that Game Pass has reached 25 million subscribers.
Although this acquisition is enormous for Activision Blizzard, it is still involved in legal proceedings and desktops the alleged misconduct that has happened in the company for years.