Microsoft has officially confirmed that it has acquired video game studio Activision Blizzard, which is known for Call of Duty and Candy Crush, for approximately $68.7 billion. known for games like This acquisition will certainly help Microsoft expand Xbox.
Now Good News for Xbox GamePass Users
Notably, Microsoft will pay $68.7 billion, which makes it one of the biggest tech acquisitions of recent times. Microsoft is buying several companies, which bought LinkedIn in 2016 for $26 billion.
According to Microsoft, this will help the company build its strength in the mobile gaming portfolio. The deal also makes Microsoft the third largest gaming company in the world, while Tencent and Sony are in second and third places.
The deal also means that Xbox GamePass users will be able to access Activision’s games for free on Xbox and PC. Games from many franchises like Warcraft, Diablo, Overwatch, Call of Duty and Candy Crush will be available for Gamepass users. The company has also confirmed that it will be adding more games that include both new and old titles.
At the same time, to remind you that Microsoft also bought Bethesta in 2021, which is a big video game studio, which is known for games like Fallout, Deathloop and Doom Eternal. Is. For this acquisition, Microsoft paid $7.5 billion, which is about 10 percent of what Activision paid to Blizzard.
Microsoft says the deal between the two will close in fiscal year 2023, as it has to complete a number of regulatory approvals from various countries.
Video gaming is one of the fastest growing sectors, which is also a billion dollar industry. Such deals will help companies like Microsoft to create exclusive games for their consoles to attract more users. This deal ensures that there will be plenty of exclusive games coming to Xbox in the years to come.
