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Microsoft buys Activision Blizzard for $68.7 billion

Microsoft is buying Activision Blizzard for $68.7 billion to gain access to blockbuster games including Call of Duty and Candy Crush

Via AP news wire
Tuesday 18 January 2022 08:55 EST
Microsoft-Activision
Microsoft-Activision (Copyright 2019 The Associated Press. All rights reserved.)

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Microsoft is buying the gaming company Activision Blizzard for $68.7 billion, gaining access to blockbuster games like “Call of Duty: and ”Candy Crush."

The all-cash deal will let Microsoft accelerate mobile gaming and provide building blocks for the metaverse, or a virtual environment.

The announcement Tuesday arrives with Activision still in turmoil over allegations of misconduct and unequal pay.

Activision CEO Bobby Kotick will retain his role, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth.

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