Microsoft has just announced that it has reached an agreement to acquire Activision Blizzard, the company behind major video game franchises such as warcraft, Overwatch Y Call of Duty.
The news was released in the Official site of the company, where the head of Xbox, Phil Spencer, highlighted that “as a team, we have a mission to spread the joy and community of games to everyone on the planet.”
According to different reports, the transaction would have reached 68.7 billion dollars, becoming one of the most expensive purchases in the video game business.
For now, Activision Blizzard and Microsoft Gaming will continue to operate independently, at least until the transaction is finalized (approval from relevant agencies is pending).
In any case, the company is already excited about all the potential associated with the new purchase.
“This acquisition will accelerate the growth of Microsoft’s gaming business across mobile, PC, console and cloud, and provide building blocks for the metaverse.”
With this ambitious business, Microsoft aspires to become the third largest video game company in the world in terms of revenue, only behind Sony and Tencent.
It should be remembered that this purchase is made at a time when Activision Blizzard is facing various accusations of harassment and abuse within the company, which has led to a series of dismissals and lawsuits.
Once the purchase goes through, Activision Blizzard will report to Phil Spencer as CEO of Microsoft Gaming.