Microsoft announced that it plans to buy Activision Blizzard for nearly $70 billion, but the companies have a long road ahead before the deal closes.
On an unassuming Tuesday following a national holiday, Microsoft dropped a bombshell. And yes, this situation qualifies as a bombshell. Microsoft announced that it planned to purchase Activision Blizzard with cash for $68.7 billion — the largest cash acquisition ever.
Right now, there’s a similar deal in limbo: Nvidia’s $40 billion purchase of chipmaker ARM. In the tech industry at least, this is the second-largest acquisition of the 2020s so far, only sitting behind Microsoft’s deal with Activision Blizzard. The argument for Nvidia and Arm doesn’t apply to Microsoft and Activision Blizzard. Unlike Nvidia, Microsoft doesn’t compete with Activision Blizzard’s customers. In games, at least, the deal checks out.
The public eye In July 2021, the state of California sued Activision Blizzard following allegations of sexual harassment. In the months that followed, Activision Blizzard became a touchstone for the larger issues of discrimination and sexual harassment in the gaming industry, with the public eye drawing lawsuits, strikes, and calls for unionization.
It’s a matter of when, not if. Although Microsoft already announced its plans, we likely have a long road of probes and possibly lawsuits before Microsoft and Activision Blizzard shake hands for the final time. We might not get that until 2024 or later.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Microsoft’s Activision Blizzard Buy Is Not A ‘Metaverse Bet’When Microsoft bought Activision Blizzard this past week for nearly $70 billion, the same refrain kept being repeated, first by Microsoft, then by mainstream outlets.
Baca lebih lajut »
Sony Shares Rebound After Plunging in Response to Microsoft’s Acquisition of Activision BlizzardSony shares staged a recovery on Thursday in Japan after previously plunging on news of Microsoft’s proposed acquisition of games giant Activision Blizzard. At the Thursday lunchtime trading halt i…
Baca lebih lajut »
Pivot: Google’s Manipulated Ad Auctions, Microsoft Buys Activision Blizzard, and the Danger of Billionaires on Apple Podcasts.petersgoodman talks to karaswisher and profgalloway about the dangers of billionaires: “If we don't tax wealthy people, then the government just simply doesn't have the wherewithal to take care of our needs.” Listen to PivotPod:
Baca lebih lajut »
Xbox Might Stop Releasing Call of Duty Games Every YearMicrosoft's impending purchase of Activision Blizzard could lead to a lot of changes for the video [...]
Baca lebih lajut »
Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse – Metaverse Bitcoin NewsMicrosoft, one of the leading software companies in the world, announced today the acquisition of Activision Blizzard, a game developing company with more than 10,000 employees around the world.
Baca lebih lajut »
EXPLAINER: Microsoft's Activision buy could shake up gamingMicrosoft shook up the gaming industry this week when it announced it would buy game publisher Activision Blizzard for $68.7 billion. Here's a look at how the deal — if regulators allow it — would affect the millions of people who play video games.
Baca lebih lajut »