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

New Technology Can Repair Heart Muscles After an Attack, Say Researchers
PM to condemn unions and call for ‘sensible compromise’ as rail strike chaos looms
Sugababes on change in the industry, regaining control and going back on tour
US Senate passes rare bipartisan gun control legislation
DDA Approves Proposal to Set Up Eco Park for E-Waste Management in Narela