Microsoft is buying Activision Blizzard Inc., a game development and interactive-entertainment content publisher, for $68.7 billion. Activision Blizzard makes games including Call of Duty, Candy Crush, Warcraft, Diablo, Overwatch, and Hearthstone. Microsoft will get Activision Blizzard's nearly 10,000 employees as part of the deal, which was announced on January 18. Microsoft officials are accelerating the growth in the company's gaming business across mobile, PC, console, and cloud, and say it "will provide building blocks for the metaverse." Microsoft also will get global eSports properties via Major League Gaming as part of the transaction. The $68.7 billion deal makes the Activision Blizzard acquisition the largest in Microsoft's history.
Blizzard, the studio behind Overwatch, Diablo and World of Warcraft, is getting into a new genre with the announcement that it's working on a survival game. It seems the project is in the early stages of development, so don't expect a finished product (or even a splashy trailer) any time soon, but it's notable that the publisher is playing around with fresh mechanics and new worlds. Blizzard's job post about the survival game says it will be "a place full of heroes we have yet to meet, stories yet to be told, and adventures yet to be lived. A vast realm of possibility, waiting to be explored." The studio has confirmed one detail about the project: It'll be available on "PC and console."
Microsoft is buying the gaming company Activision Blizzard for $68.7 billion, gaining access to blockbuster games like "Call of Duty" and "Candy Crush." The all-cash deal will let Microsoft, maker of the Xbox gaming system, accelerate mobile gaming and provide building blocks for the metaverse, or a virtual environment. The announcement Tuesday arrives with Activision still in turmoil over allegations of misconduct and unequal pay. Microsoft CEO Satya Nadella said in a conference call with investors "the culture of our organization is my number one priority" and that "it's critical for Activision Blizzard to drive forward on its" commitments to improve its workplace culture. Activision disclosed last year it was being investigated by the Securities and Exchange Commission over complaints of workplace discrimination.
Video game giants Call of Duty and World of Warcraft have a new home: Microsoft. On Tuesday, Microsoft announced it will acquire Activision Blizzard, the publisher behind Call of Duty, one of the top-selling video games in the U.S., along with several other titles including Overwatch, World of Warcraft and Candy Crush. Microsoft will acquire Activision Blizzard in an all-cash deal valued at $68.7 billion. "Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms," said Microsoft CEO Satya Nadella in a statement. "We're investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all."