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Your email address will not be published.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

Here’s a concise excerpt summarizing Razer’s HyperFlux V2 announcement based on the article: --- **Excerpt from Razer’s Press Release:** *Razer elevates wireless gaming with...

GAMING

**Excerpt:** *Nintendo is shattering tradition with *Mario Kart World*, the upcoming Switch 2 launch title that defies logic by letting players race as a...

AI

Here’s a compelling excerpt from the article that captures its key themes and conflict: --- **Excerpt:** *"Tech titan Elon Musk has stunned Washington by...

News

**Excerpt:** *SpaceX has unveiled its rugged new **Starlink Performance dish**, a high-speed, ultra-durable satellite internet terminal designed for businesses and extreme environments. Priced at...

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.