Microsoft is acquiring Activision Blizzard for $68.7 billion

Microsoft has announced that it is acquiring Activision Blizzard, the publisher of Call of Duty, World of Warcraft, and Candy Crush Saga, for $68.7 billion. The acquisition is the largest in the history of the video game industry.

The acquisition is a major coup for Microsoft, as it will give the company a significant foothold in the gaming industry. Activision Blizzard is one of the largest gaming publishers in the world, with a portfolio of over 30 popular franchises. The acquisition will give Microsoft access to Activision Blizzard’s vast library of games, as well as its experienced development teams.

Microsoft has said that it plans to integrate Activision Blizzard’s games into its Xbox Game Pass subscription service. This will give Xbox Game Pass subscribers access to even more games, and it could help to make Xbox Game Pass the leading subscription service in the gaming industry.

The acquisition is also a sign of Microsoft’s commitment to the metaverse. Activision Blizzard has a number of popular games that could be adapted for the metaverse, such as World of Warcraft and Call of Duty. Microsoft is hoping that the acquisition will help it to become a leader in the metaverse.

The acquisition is not without its challenges. Activision Blizzard has been embroiled in controversy in recent years, due to allegations of sexual harassment and discrimination. Microsoft will need to address these issues if it wants to successfully integrate Activision Blizzard into its business.

Overall, the acquisition of Activision Blizzard is a major move by Microsoft. It is a sign of the company’s ambition in the gaming industry, and it could help Microsoft to become a leader in the metaverse.