Microsoft Officially Purchases Activision Blizzard
Following today’s CMA approval of the deal, Microsoft has announced it has officially purchased Activision Blizzard for $68.7 billion.
Phil Spencer said, “We love gaming. We play games, create games, and know first-hand how much gaming means to all of us as individuals and collectively, as a community. And today, we officially welcome Activision Blizzard and their teams to Xbox.”
“As one team, we’ll learn, innovate, and continue to deliver on our promise to bring the joy and community of gaming to more people. We’ll do this in a culture that strives to empower everyone to do their best work, where all people are welcome, and is centered on our ongoing commitment of Gaming for Everyone.”
The deal means that games like Call of Duty, Diablo, and Candy Crush belong to the Xbox family.
Despite the deal, Microsoft has agreed to keep Call of Duty on PlayStation for the next 10 years.
It’s currently unclear when Microsoft will begin the process of moving the vast catalog of Activision Blizzard games to the likes of Xbox Game Pass.
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