Technology and Internet

Microsoft takes over Activision Blizzard in historic purchase

Without any kind of foreplay or rumor period, Microsoft has added its gaming division to the controversial Activision Blizzard in an operation that some classify as historical, and it is not for less; since we are talking about a treatment valued at $68.7 billion.

This purchase places Xbox as the third largest company in the sector of video games; surpassed only by the Chinese giant of Tencent and the Japanese titan of Sony. The company also becomes the owner of the creators of Call of Duty, Warcraft, Candy Crush, Tony Hawk, Diablo, Overwatch, Spyro, Hearthstone, Guitar Hero, Crash Bandicoot, StarCraft and other franchises.

As many will know, Activision Blizzard is in the most turbulent moment in its history, drowning in scandals and lawsuits for workplace harassment, sexual abuse and discrimination within the company. For months the company has been in the gaming industry’s spotlight for all the wrong reasons, but after the tidal wave of bad news for fans and company employees, things may be starting to turn for the better thanks to this change. of hands and possibly direction.

Today is a historic moment. We are excited to announce that the world-renowned franchises and talented people of @ATVI_AB… They will join Team Xbox!

All the details of the announcement here:

Activision Blizzard Joins Microsoft’s Xbox Family

About this acquisition Satya Nadella, President and CEO of Microsoft, commented the following:

“We are 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.”

For its part, Bobby Kotick the controversial CEO of Activision Blizzard, He holds his position for now until the baton passes to Phil Spencer. Commenting on the acquisition, Kotick commented that the combination of Activision Blizzard’s franchises, talents and resources with Microsoft’s vision will ensure absolute success in this increasingly competitive industry.

It is worth clarifying that, due to its degree of complexity, this operation will not conclude until June 2023, date on which Microsoft’s fiscal year closes.

On the users side we can look forward to the arrival of Blizzard titles to the ever-expanding catalog of Xbox Game Pass, a service that already has more than 25 million subscribers around the world. We still have no idea what these titles will be, but it is a reality confirmed by Phil Spencer himself, CEO of Microsoft Gaming and head of Xbox.

Xbox Acquires Activison Blizzard

For Activision Blizzard this will surely represent a restructuring and change of visionwhich with a little hope could begin to correct the faults of the company and heal both its battered public image and work culture.

Meanwhile, the hopes of fans are that with Xbox at the helm they can take better advantage of Blizzard franchises that seem forgotten (like StarCraft) and give better treatment to those that are not having a good time, such as World of Warcraft and the once popular Overwatch.

Via | xbox.com

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