The demand for games and the gaming industry is growing very rapidly and Microsoft is focusing the same for the past couple of years and now the company has confirmed to purchase Activision Blizzard that will definitely help Microsoft to strengthen its presence in the gaming industry.
Microsoft has officially announced to buy Activision Blizzard and the deal will be in an all-cash that is worth $68.7 billion. Having said that, the deal will make Microsoft the third-largest gaming company by revenue, and the company will be behind the popular Tencent and Sony.
It is expected that the acquisition deal will be closed in fiscal year 2023 and once the deal closes, Microsoft will be adding all the games of Activision Blizzard to Xbox Game Pass which includes titles like Warcraft, Diablo, Overwatch, Call of Duty, and Candy Crush.
So let’s wait and see how the new deal will work for Microsoft and we would like to know your thoughts on the new bidding of Microsoft in the comments section below. We recommend you to stay tuned with us for more interesting information from the technological world at your fingertips.
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