Microsoft has made its largest ever deal buying Activision Blizzard for almost $100 billion and following months of scandal.
It is the largest ever acquisition by Microsoft at $US68.7 billion topping the company’s $US26.2 billion purchase of LinkedIn in 2016. The deal will likely face regulatory scrutiny given the size of the deal.
The purchase comes as Microsoft and others are looking to escape the power of the Apple and Google-controlled App Store mobile gaming ecosystem. “This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse,” Microsoft said in a statement.
“When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like
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