Connect with us

Hi, what are you looking for?

TECH

Microsoft looks to close Activision deal next week – The Verge

According to a story published on Friday by the Verge, which cited a source, Microsoft (MSFT.O) is planning to finalize its acquisition of “Call of Duty” developer Activision Blizzard (ATVI.O) on October 13, assuming it receives clearance from Britain’s antitrust authority. The deal is valued at $69 billion.

The Xbox manufacturer decided in July to push back the deadline for the agreement to October 18 in order to give itself additional time to receive permission from the UK.

Both Microsoft and Activision did not react to a request for comment made by Reuters. Microsoft declined to comment. Activision did not answer.

After Activision agreed to sell its streaming rights to Ubisoft Entertainment (UBIP.PA), Microsoft received preliminary permission from the Competition and Markets Authority last month.

If the transaction is completed, it would be the largest acquisition in the history of the gaming business. It will combine Microsoft’s dominance in the home console market with Activision’s portfolio of games, which includes “World of Warcraft” and “Call of Duty.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like

TECH

Elon Musk’s influence on U.S. government technology sparks controversy, as Musk-inspired strategies disrupt the federal tech sector. Unorthodox practices, weakened oversight, and dismantled DEIA...

BUSINESS

Elevate your home with Design Within Reach’s winter sales event, featuring up to 60% off clearance items, flash sales, and an exclusive "EXTRA20" promo...

Gadgets

Samsung's February 2025 deals offer major savings on cutting-edge tech, including 30% discounts for community heroes, bundle offers like $4,500 off a 98-inch QLED...

APPS

Amazon Music Unlimited will raise subscription prices in early 2025, citing enhanced features like audiobook borrowing and a personalized year-in-review tool. Prime members face...

SUBSCRIBE

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.