Microsoft CEO Satya Nadella stated with Bloomberg that he is “quite sure” the acquisition of Activision-Blizzard would be approved. This follows the deal’s ongoing close examination by international regulatory organizations.
Microsoft will buy Activision-Blizzard $70 billion USD
Microsoft announced earlier this year that it had agreed to buy Activision-Blizzard. This is for an unbelievable price of approximately $70 billion USD. The announcement shocked fans throughout the internet. However, the agreement has not yet been finalized. Several international regulatory authorities need to ensure that the acquisition won’t turn Microsoft into a monopoly.
Xboxs wants to expand gaming communities
Phil Spencer, the CEO of Microsoft Gaming, wrote a lengthy blog post earlier this month outlining the company’s position on the Activision-Blizzard transaction. According to Spencer, Xbox wants to “expand those gaming communities” and “make Activision Blizzard’s beloved catalog of games, like Overwatch, Diablo, and Call of Duty,” available through Game Pass.
The Bottomline
While mentioning Sony as the current leader in the video game market, Nadella also stated during his interview with Bloomberg that he sees Microsoft as “either the number four or number five competitor in the video game sector.”
The approval of Microsoft’s acquisition of Activision-Blizzard is still likely to take some time, so players won’t notice any changes until the transaction is complete. Do you think Microsoft should really buy Activision-Blizzard?