Microsoft is on track to finalize its massive $69 billion acquisition of gaming giant Activision Blizzard next week, according to reports. The deal is expected to be completed on Friday, October 13, pending final approval from the UK.
Last month, the UK’s Competition and Markets Authority provisionally approved the purchase, and the final approval is anticipated to be granted next week. This comes after Microsoft has already obtained the necessary approval from the US Federal Trade Commission (FTC) and the European Commission.
Additionally, Microsoft has reached an agreement with Sony, ensuring the provision of Activision games on PlayStation for the next ten years. However, it’s worth noting that the FTC has filed an appeal with the Ninth Circuit Court of Appeals in the US. A decision on the appeal is not expected until December.
With the acquisition set to be finalized, attention has shifted to Microsoft’s integration plans for the Activision Blizzard business, as well as the future of popular games like Call of Duty. Xbox boss Phil Spencer has acknowledged that work will be required to ensure Activision Blizzard’s games are available on Game Pass once the deal is closed.
The acquisition marks a significant milestone for Microsoft, solidifying its position in the global gaming industry. Activision Blizzard is known for its highly successful franchises and popular game titles, making it a valuable addition to Microsoft’s gaming portfolio.
Once the deal is completed, Microsoft will have greater control over the development and distribution of Activision Blizzard’s games, positioning the company as a major player in the competitive gaming market.
As the gaming community eagerly awaits further updates on the integration process, both Microsoft and Activision Blizzard are expected to face challenges in streamlining their operations and successfully integrating their respective teams and technologies. Nonetheless, industry experts remain optimistic about the potential for innovation and growth that this acquisition represents.
With the final approval from the UK and the completion of the deal just around the corner, Microsoft’s acquisition of Activision Blizzard sets the stage for a new era in gaming, signaling the company’s relentless pursuit of expanding its influence and bringing innovative gaming experiences to players worldwide.