The announcement was made Sunday in a Twitter post by Phil Spencer, who heads up Microsoft’s Xbox division.
"We look forward to a future where players globally have more choice to play their favorite games," Spencer said in the post.
As it tried to persuade regulators around the world to approved the deal, Microsoft struck deals with Nintendo and some cloud gaming providers to license Activision titles like Call of Duty for 10 years and offered the same to Sony. Until now, Sony hadn’t signed on. It has now, as Microsoft inches closer to completing the buyout.
Microsoft struck the deal for Activision in January of 2022 to expand its video game imprint beyond Xbox, which has less market share than longtime industry leader Sony and its PlayStation device. The company has been seeking regulatory approval in the U.S. and aboard over the past few months, trailed by objections from Sony, which feared losing access to what it describes as a "must-have" game title.
Ryan said he later came to believe Microsoft would leverage Call of Duty’s popularity to disadvantage PlayStation, whose players might get a more "degraded experience."
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