microsoft gaming company to buy activision blizzard for rs 5 lakh crore
rajkotupdates.news : microsoft gaming company to buy activision blizzard for rs 5 lakh crore :Microsoft, a leading gaming company, is reportedly in talks to acquire Activision Blizzard, a major player in the gaming industry, for a whopping Rs 5 lakh crore. This acquisition would solidify Microsoft’s position in the gaming market, granting them access to popular franchises such as Call of Duty, World of Warcraft, and Candy Crush.
It would also expand their portfolio of exclusive titles and strengthen their presence across consoles, PC, and mobile platforms. The deal, if successful, could have far-reaching implications for the gaming industry, potentially reshaping the competitive landscape and offering new opportunities for collaboration and innovation.
Division Xbox and Activision have announced plans to work together for future games. Microsoft says in a statement that it will become the ‘third largest gaming company in the world by revenue’ once the deal is finalized. It will be right behind Tencent and Sony.
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Activision Blizzard is the parent company of Activision, a US-based video game developer that has inherited iconic titles such as ‘Warcraft’, ‘Diablo’, ‘Overwatch’, ‘Call of Duty’ and ‘Candy Crush’. Activision is very popular in the gaming sector because of the titles and the regular e-sports activities that it does.
The company currently has studios around the world and has about 10,000 employees. Following the acquisition, Bobby Cotic will continue as CEO of Activision Blizzard. The company will continue to operate as usual with a focus on accelerating business growth. Activision Blizzard Business reporting will be for Phil Spencer, CEO of Microsoft Gaming.
rajkotupdates.news : microsoft gaming company to buy activision blizzard for rs 5 lakh crore :Indications are that Microsoft wants to make big strides in the smartphone gaming segment with Activision Blizzard. It even hints at bringing games like ‘Hello’ and ‘Warcraft’ to mobile phones. The mobile gaming segment relies on Activision’s previous success with mobile games such as ‘Candy Crush’.
Additionally, Microsoft is looking to expand its acquisition of gaming titles under the Xbox Game Pass and PC Game Pass. In a note on the Xbox website, Phil Spencer says the company will try to bring ‘as many Activision Blizzard games’ as possible within two subscription services.
