Microsoft to buy troubled Call of Duty gaming firm Activision Blizzard for £50bn

Business

Microsoft has agreed a deal to buy the troubled Call of Duty and Candy Crush gaming firm Activision Blizzard for $68.7bn (£50.5bn).

The all-cash takeover will give the Xbox maker a leap into the mobile gaming sphere and “play a key role in the development of metaverse platforms,” according to Microsoft boss Satya Nadella.

The deal – if approved by regulators – would make Microsoft the third-largest gaming firm in the world by revenue.

Articles You May Like

Inside the ‘Wormhole,’ Relativity Space’s monster factory 3D-printing reusable rockets
Ukraine War: ‘My personality kept us out of war’, says Donald Trump
Who will win ROY? The next Michael Harris II? Bold 2023 predictions for MLB’s top prospects
Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy
‘He didn’t just break the law he broke my heart’: Navy veteran on George Santos