Microsoft Gaming Company has recently announced its decision to acquire Activision Blizzard, one of the world’s largest video game companies, for an estimated Rs 5 Lakh Crore. This acquisition is a significant move for both companies, and it is set to have a significant impact on the gaming industry as a whole. In this article, we’ll explore the details of this acquisition, its potential impact on the gaming industry, and what it means for gamers worldwide.
What is Activision Blizzard?
Before diving into the details of the acquisition, let’s take a brief look at what Activision Blizzard is and what they do. Activision Blizzard is a video game holding company based in the United States. The company owns a range of popular video game franchises, including Call of Duty, World of Warcraft, and Candy Crush. The company was formed in 2008 after the merger of Activision and Vivendi Games.
The Details of the Acquisition
On January 18th, 2022, Microsoft Gaming Company announced its decision to acquire Activision Blizzard for an estimated Rs 5 Lakh Crore. The acquisition is expected to be completed by the end of the year. The deal will see Microsoft acquire all of Activision Blizzard’s assets, including their intellectual property, game development studios, and publishing operations.
What does this Acquisition Mean for the Gaming Industry?
The acquisition of Activision Blizzard by Microsoft is set to have a significant impact on the gaming industry. For starters, it will consolidate two of the biggest players in the industry. Microsoft already owns several successful gaming franchises, including Halo, Forza, and Gears of War. The acquisition of Activision Blizzard will add several more popular franchises to Microsoft’s portfolio, including Call of Duty, World of Warcraft, and Candy Crush.
Additionally, the acquisition will give Microsoft a much stronger foothold in the mobile gaming space. Activision Blizzard has been successful in the mobile gaming market with titles like Candy Crush, and this acquisition will give Microsoft a more significant presence in this space.
What Does this Mean for Gamers?
For gamers worldwide, this acquisition could mean a few different things. On the one hand, it could lead to more exclusive titles being released on Microsoft’s platforms, including Xbox and PC. It could also lead to more cross-platform gameplay, as Microsoft has been pushing for more cross-play in recent years.
However, some gamers are concerned that this acquisition could lead to less competition in the gaming industry, which could ultimately lead to less innovation and higher prices for consumers. It’s worth noting, though, that Microsoft has stated that they intend to keep Activision Blizzard as a separate entity within their gaming division, which could help to alleviate some of these concerns.
Conclusion
The acquisition of Activision Blizzard by Microsoft Gaming Company is a significant move for both companies and the gaming industry as a whole. While it remains to be seen precisely how this acquisition will impact the industry, it’s clear that Microsoft is making a strong push to become a dominant player in the gaming space. Whether this will ultimately benefit or harm gamers remains to be seen.
FAQs
Why is Microsoft Gaming Company buying Activision Blizzard?
- Microsoft is buying Activision Blizzard to add to its portfolio of successful gaming franchises and gain a stronger foothold in the mobile gaming market.
Will Activision Blizzard’s games still be available on non-Microsoft platforms?
- It’s unclear at this time whether Activision Blizzard’s games will still be available on non-Microsoft platforms. Microsoft has stated that they intend to keep Activision Blizzard as a separate entity within their gaming division, but it’s unclear how this will ultimately play out.
What impact will this acquisition have on the gaming industry?
- The acquisition of Activision Blizzard by Microsoft is set to have a significant impact on the gaming industry. It will consolidate two of the biggest players in the industry, which could lead to less competition and potentially higher prices for consumers. However, it could also lead to more exclusive titles being released on Microsoft’s platforms and more cross-platform gameplay.
What happens to Activision Blizzard employees after the acquisition?
- Microsoft has stated that they intend to keep Activision Blizzard as a separate entity within their gaming division. This means that Activision Blizzard employees will likely remain with the company and continue to work on their respective projects.
When will the acquisition be completed?
- The acquisition is expected to be completed by the end of 2022, pending regulatory approval.
Also read:
- Chinese Tencent-Led Huya: The Rise of China’s Gaming Industry
- Benefits Of Digital HR Platforms – How Will They Change Your Business
- What are 6 Most Important Health Benefits Of Drinking Water?
- Check Out TweakVIP Modded App for iOS/Android – Rainbow Six Beta Now Available!
- Why is Asia pulp and paper recommended by many