Breaking News In Gaming Industry — Microsoft’s Xbox Is Acquiring Activision Blizzard
The biggest acquisition in the history of gaming. Microsoft’s Xbox is set to acquire Activion Blizzard, a company known for publishing blockbuster video games like Call of Duty, Diablo, Starcraft, World of Warcraft, and… Candy Crush?
Activision confirmed the acquisition on their official Twitter account. Of course, the process of acquiring isn’t something that can be done over one night. In a letter to their workers and players of their games, Activision’s CEO Bobby Kotick said that they’re hoping to complete the process and transaction by the end of Microsoft’s next fiscal year, which will end on June 30, 2023.
You can check the tweet that announced the acquisition below. If you’re wondering how much money this transaction is worth – over $68 billion. Yep, that’s even more than Disney spent on acquiring Fox.
The news is still fresh, so it’s unknown how will this affect the future of the gaming industry, particularly for players and fans of Activision’s games who do not own the Xbox console. Can you imagine, for example, the Call of Duty game being an Xbox exclusive? Jeez, it’s really weird to even think about it, but let’s hope it won’t come to that. Activision promised all the info that players will need to know will be revealed over time, so we’re waiting for that info, and we’ll make sure to let you know how will the situation develop in the future.
Gamers around the world are currently waiting for the upcoming game Diablo IV, and of course, a new year means Call of Duty game too. It’s not confirmed yet, but rumors are suggesting that this year’s Call of Duty will be a sequel to 2019’s Call of Duty: Modern Warfare. Considering that this acquisition won’t be completed before mid-2023, we can still sleep tight when it comes to games that are about to be released before that, but after that, all bets are off.