Articles about Activision Blizzard

Microsoft's attempt to acquire Activision Blizzard has been a long, drawn-out affair with a seemingly endless series of obstacles along the way. Now the company has indicated a willingness to make major concessions as it submits a revised deal for approval.

Facing regulator opposition to the deal in the UK so far, Microsoft's latest proposal to the CMA (Competitions and Markets Authority) includes an offer to sell cloud gaming rights to Ubisoft.

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A US judge has blocked Microsoft from buying Activision Blizzard following a request from the Federal Trade Commission (FTC).

The move is a temporary block while a complaint by the FTC that the deal could "substantially lessen competition" in the gaming sector is fully investigated. It puts the US in agreement with the UK, which blocked the deal earlier in the year, but is standing against the European Union which has given it the green light.

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Just last month, the UK's Competition and Markets Authority (CMA) blocked the proposed acquisition of Activision Blizzard by Microsoft because of concerns about the impact on competition in the cloud gaming arena. In the US, the Federal Trade Commission is also seeking to block the deal

But now EU regulators have cleared the acquisition, subject to conditions. The European Commission will hold Microsoft to commitments it has made to ensure gamers in Europe will have  the ability to stream all Activision Blizzard games for which they have a licence via any cloud game streaming services, as well as a corresponding free license to cloud game streaming service providers to allow EEA-based gamers to stream any Activision Blizzard's PC and console games.

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An investigation by the Competition and Markets Authority (CMA) has concluded that Microsoft's proposed $68.7 billion acquisition of Activision Blizzard could lead to higher prices, fewer choices and less innovation.

The UK regulator has been looking into the planned takeover for a number of months, and has now warned that the merger, "could make Microsoft even stronger in cloud gaming, stifling competition in this growing market". The CMA also says there is a risk of, "weakening the important rivalry between Xbox and PlayStation gaming consoles", ultimately harming gamers who cannot afford expensive consoles.

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The economic downturn of 2022 hasn’t stopped the tech industry from engaging in merger and acquisition activity. Though deals have decreased by 40 percent in the first half of 2022, several firms and solution providers have negotiated pacts of up to billions of dollars.

Most of the acquisition activity is because of the overall decline in the stock market. When prices plunge and company valuations reduce, firms step in to bargain.

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The Competition and Markets Authority (CMA) -- the competition regulator in the UK -- has voiced concern about Microsoft's proposed takeover of game publisher Activision Blizzard.

The CMA is worried that the merger of two such huge companies in a $68.7 billion deal "could substantially lessen competition in gaming consoles, multi-game subscription services, and cloud gaming services". Windows 11 maker Microsoft, it almost goes without saying, entirely disagrees, and Phil Spencer, CEO of gaming at the company, has penned a blog post explaining just why this it.

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Microsoft today announced plans to acquire game developer giant Activision Blizzard for $68.7 billion. It is a move designed to expand the company's gaming business across PC, console, mobile and the cloud, as well as to give it a solid start in the metaverse.

This deal will make Microsoft the third largest gaming company (by revenue), behind Tencent and Sony.

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