Microsoft CEO Confident Activision Blizzard Deal Will Happen, Says PlayStation Is Bigger Than Xbox
Microsoft CEO Satya Nadella is confident that the company's proposed $68.7 billion acquisition of Activision Blizzard will be approved by regulators. Speaking to Bloomberg, Nadella said it's understandable that an acquisition of this size--the biggest ever for Microsoft and one of the largest in history across the technology space--would «go through scrutiny.» That being said, Nadella said Microsoft is «very, very confident that we'll come out.»
The executive went on to point out that Microsoft is not the biggest player in gaming--he estimated that Microsoft is the No. 4 or No. 5 player in the space, with Sony being first. «So if this is about competition, let us have competition,» Nadella said.
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Nadella's comments came after the UK's Competition and Markets Authority launched a more extensive investigation into the buyout. The CMA said it is «concerned» that Microsoft's proposal to buy Activision Blizzard could «substantially lessen competition» for sales of game consoles, subscription services, and cloud gaming networks.
A spokesperson for Sony said it «welcomes the announcement» of further scrutiny by the UK government into Microsoft's deal. Should Microsoft be allowed to buy Activision Blizzard, the deal would have «major negative implications for gamers and the future of the gaming industry,» Sony said.
A lot of discussion and debate about the proposed Microsoft buyout of Activision Blizzard has centered around Activision's Call of
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