Activision Blizzard is officially part of Microsoft
Activision Blizzard is now officially part of Microsoft.
Within hours of the UK Competition and Markets Authority giving the long-debated acquisition a final green light, Microsoft announced today that it has completed the deal, making Activision Blizzard a wholly owned subsidiary.
The deal was first announced January 18 of 2022, but held up by regulatory hurdles in the UK, EU, and US.
Microsoft Gaming CEO Phil Spencer welcomed Activision Blizzard to the fold in a statement on the Xbox Wire site.
"As one team, we'll learn, innovate, and continue to deliver on our promise to bring the joy and community of gaming to more people," Spencer said. "We'll do this in a culture that strives to empower everyone to do their best work, where all people are welcome, and is centered on our ongoing commitment of Gaming for Everyone.
"We are intentional about inclusion in everything we do at Xbox – from our team to the products we make and the stories we tell, to the way our players interact and engage as a wider gaming community."
He added, "Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms."
In a letter to employees, Activision Blizzard CEO Bobby Kotick suggested that the deal will bring his time with the company to a close in the near future.
"I have long said that I am fully committed to helping with the transition," Kotick said. "Phil has asked me to stay on as CEO of ABK, reporting to him, and we have agreed that I will do that through the end of 2023. We both look forward to working together on a smooth integration for our teams and players."
Ubisoft also weighed in on the deal, as Microsoft unloading cloud streaming rights to Activision Blizzard's games
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