Microsoft's $69B Activision Blizzard Acquisition Gets Green Light From UK Antitrust Regulator
Portfolio Pulse from Rounak Jain
The UK's Competition and Markets Authority (CMA) has approved Microsoft's $69 billion acquisition of Activision Blizzard. The approval comes after Microsoft agreed to sell Activision’s game streaming rights, including the popular “Call of Duty”, to Ubisoft Entertainment. The acquisition, which aims to bolster Microsoft’s growth across console, mobile, PC, and cloud gaming, is set to be finalized by Oct. 18.
October 13, 2023 | 12:35 pm
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POSITIVE IMPACT
Activision Blizzard's acquisition by Microsoft has been approved by the UK's CMA, which could potentially impact the company's future operations.
The approval of the acquisition by the UK's CMA removes a significant regulatory hurdle and could potentially impact Activision Blizzard's future operations and strategy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft's acquisition of Activision Blizzard has been approved by the UK's CMA, which could bolster the company's growth in the gaming industry.
The approval of the acquisition by the UK's CMA removes a significant regulatory hurdle and could potentially strengthen Microsoft's position in the gaming industry.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100