[1andrew1]

Bit of a game-changer, so to say!

Microsoft said it’s buying Activision Blizzard in a $68.7 billion deal, uniting two of the biggest forces in video games, Bloomberg reports.

In its largest purchase ever, Microsoft will pay $95 a share in cash for one of the U.S.’s biggest gaming publishers, known for titles like Call of Duty and World of Warcraft but which is also grappling with a cultural upheaval over its treatment of women.

Activision Chief Executive Officer Bobby Kotick will continue to serve in that role, Microsoft said. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, who heads Microsoft Gaming.

Adding Activision’s stable of popular titles will help Microsoft expand its own offerings for the Xbox console and better compete with rival Sony’s PlayStation.

https://www.standard.co.uk/business/...y-b977348.html