In what will be a major win for Microsoft, EU regulators are expected to approve the company’s $69 billion purchase of Activision Blizzard.
According to Reuters, an announcement on the approval is likely to happen on May 15.
“The EU antitrust enforcer is expected to clear the acquisition after Microsoft agreed to licensing deals with cloud streaming rivals including Nvidia, Ukraine’s Boosteroid and Japan’s Ubitus, other people with direct knowledge of the matter told Reuters in March,” the report reads.
The EU Commission, which had set a date of May 22 for a decision, declined to provide comment to Reuters on the report.
The news of EU approval comes on the heels of the UK’s Competition and Markets Authority (CMA) voting to block the deal. Their reasoning is because of Microsoft’s apparent dominance of the cloud-gaming space. It’s a decision that Microsoft is appealing to have overturned.
The United States Federal Trade Commission (FTC) is still investigating the acquisition in its attempt to block Microsoft from closing its purchase of the Call of Duty and World of Warcraft publisher. The FTC announced back in December that it was going to sue in order to block the deal.
What do you think of Microsoft’s purchase of Activision Blizzard being approved by EU regulators? Do you think this clears the way for a closure of the deal?