Microsoft Has Officially Bought Activision
In what could be the biggest gaming deal of the last decade, Microsoft has bought Activision Blizzard to become a giant of the industry.
18th Jan 2022 13:30
Microsoft | Sledgehammer Games | Raven Software
Microsoft Has Officially Bought Activision
In what could be the biggest gaming deal of the last decade, Microsoft has bought Activision Blizzard to become a giant of the industry.
18th Jan 2022 13:30
Microsoft | Sledgehammer Games | Raven Software
Well, it's official, Microsoft has just bought Activision Blizzard, the troubled blanket company behind Call of Duty, World of Warcraft, Overwatch and more.
The move comes as it was announced that up to 40 members of staff have been fired from the company in the wake of the grim 'frat-boy culture' lawsuit, and as CEO Bobby Kotick refuses to budge from his position.
This deal, should it come to fruition, will be one of the biggest gaming acquisitions in many years. It could also plunge the futures of some of video games' most well-known titles into uncertainty.
What Is The Activision Deal?
Plus, sources are reporting and confirming that Microsoft has secured the company for a whopping $69.7 Billion dollars.
The announcement has officially been made by Microsoft on its website, sealing the deal as one of the biggest acquisitions in recent years.
"Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher," reads the statement.
What Happens To Bobby Kotick Now?
This also casts the future of disgraced CEO Bobby Kotick into doubt, as it has been revealed that the company will report to Phil Spencer when the contract has been finalised in 2023.
Kotick will remain as CEO until then, but once the ink dries, there's little we know about his role at the company.
This deal is perhaps one of the biggest in the medium's history, and is a huge swing for Xbox, especially after acquiring Bethesda. For those monitoring the console wars, a winner may have just been decided.
About The Author
Joseph Kime
Joseph Kime is the Senior Trending News Journalist for GGRecon from Devon, UK. Before graduating from MarJon University with a degree in Journalism, he started writing music reviews for his own website before writing for the likes of FANDOM, Zavvi and The Digital Fix. He is host of the Big Screen Book Club podcast, and author of Building A Universe, a book that chronicles the history of superhero movies. His favourite games include DOOM (2016), Celeste and Pokemon Emerald.
