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Microsoft and Activision Blizzard: the latest news on the acquisition

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Microsoft has closed its acquisition of Activision Blizzard for $68.7 billion, a deal that makes Microsoft one of the biggest gaming companies in the world. Now, popular gaming franchises like Call of Duty, Warcraft, Overwatch, and more are in the fold of Microsoft’s ever-expanding portfolio of studios, alongside Bethesda and its own Xbox Game Studios.

Also included as part of the deal is King, the maker of Candy Crush, signaling that Microsoft may utilize the company to compete in the mobile space. In early 2021, Take-Two Interactive (which houses developers like 2K, Private Division, and Rockstar Games) purchased Zynga for $12.7 billion.

The deal’s closing was delayed as regulators worldwide raised issues with Microsoft bringing such a large company in-house. However, after a judge denied the FTC’s attempt to block the deal and Microsoft cut a deal allowing Ubisoft a perpetual cloud streaming license for Activision games, it has received the necessary approvals in the US, UK, and other countries.

The acquisition was announced after several high-profile claims of sexual harassment were levied against Activision Blizzard, and in July 2021, the California Department of Fair Employment and Housing (DFEH) sued Activision Blizzard for promoting a culture of “constant sexual harassment.” Activision CEO Bobby Kotick announced he will remain in place through the end of 2023 to assist Phil Spencer with the transition.

We’ll be keeping you updated with the latest news on the big acquisition here, with reports that interrogate how the gaming world might change (in good ways and in bad ways) now that one of the largest third-party game studios is under Microsoft’s ownership.