In the recent past, Microsoft and Activision Blizzard announced that they will make a deal that will be the biggest ever in gaming history. This is after Microsoft offered to buy the outstanding gaming company to the tune of 68.7 billion US dollars’ cash offer. The deal aims to combine Microsoft Xbox and PC gaming business with the Activision Blizzard franchise, which is a significant boost for Microsoft Xbox subscriptions.
According to Kotick, the acquisition was pioneered by the quest of Microsoft head and him to do great things together. Furthermore, the merging of the companies came along with intense skills and resources, calling for a need to merge the two complex businesses. Additionally, the deal came along with the assurance that gaming services will be available almost on all devices with the help of Microsoft software.
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According to reliable sources, Activision Blizzard’s chief executive officer Bobby Kotick is set to continue with his role as the CEO, focusing on strengthening the company’s culture and accelerating business growth until the deal is closed. However, what will happen after the deal is closed is not stated. It is expected that once the deal is closed, Activision Blizzard will be reporting to Phil Spencer, the Microsoft gaming chief executive officer.
The purchase will give Microsoft control over all the publisher’s studios, franchisees, and employees. This will increase the gaming sector’s subscribers, which will be an excellent achievement for team Xbox. Furthermore, Phil says that they are set to give their audience and subscribers the most engaging and best entertainment ecosystem globally.
Both Microsoft’s chief executive officer and Phil are enthusiastic about the performance they will set in the world market for gaming companies. They are thankful to their employees for they have played a significant role in making the acquisition easy for them through their dedication and credible work that has made its name relevant.