Microsoft has announced that it is buying one of the world's biggest game developers for a whopping $68.7 billion — in a move that's set to 'provide building blocks for the metaverse' 🚀
Microsoft has announced that it is buying one of the world's biggest game developers for a whoppingThe tech giant is acquiring Activision Blizzard, the company that owns renowned brands including Call Of Duty, Overwatch, World of Warcraft and Candy Crush."Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms.
Activision Blizzard was equally enthusiastic, and said the combination of its talent and franchises "with Microsoft's technology, distribution, access to talent, ambitious vision and shared commitment to gaming and inclusion will help ensure our continued success in an increasingly competitive industry."
The announcement was very light on detail when it comes to Microsoft's exact plans for the metaverse, and it comes as a number of Silicon Valley titans — Facebook among them — make big-money bets on virtual worlds.
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