Microsoft Is Now Only One Step Away From Reshaping The Gaming Industry
Portfolio Pulse from Upwallstreet
Microsoft Corporation (NASDAQ:MSFT) has won against the FTC, allowing its acquisition of Activision Blizzard Inc (NASDAQ:ATV) to proceed. Sony Group Corporation (NYSE:SONY) has also given its blessing to the deal. However, Microsoft is still facing regulatory challenges over its bundling of Teams videoconferencing app with its Office software, following a complaint by Slack, which is owned by Salesforce Inc (NYSE:CRM).
July 17, 2023 | 7:37 pm
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POSITIVE IMPACT
Activision Blizzard's acquisition by Microsoft is likely to provide it with greater resources and support.
As part of Microsoft, Activision Blizzard will likely have access to greater resources, which could positively impact its operations and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft's acquisition of Activision Blizzard is likely to strengthen its position in the gaming industry.
The acquisition of Activision Blizzard will significantly expand Microsoft's gaming portfolio, potentially driving up its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Sony's agreement to Microsoft's acquisition of Activision Blizzard may indicate a less competitive stance in the gaming industry.
Sony's agreement to the deal may indicate a less competitive stance in the gaming industry, but the direct impact on its stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Salesforce's complaint against Microsoft's bundling of Teams with Office software could potentially lead to regulatory challenges for Microsoft.
The complaint by Salesforce could lead to regulatory challenges for Microsoft, potentially negatively impacting Microsoft's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50