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18.01 / 18:17
Microsoft
CEO
Microsoft is set to acquire Activision Blizzard in $70 billion deal
In a stunning and unexpected move, Microsoft is pitching to acquire Activision Blizzard for nearly $70 billion USD, one of the largest company acquisitions in gaming history. This elevates Microsoft to the third largest gaming company by revenue, only overshadowed by Tencent and Sony. This deal is expected to close in the fiscal year of 2023, according to an email shared by Kotick to his employees:
