Activision Blizzard Has Been Acquired by Microsoft for $70 Billion

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Microsoft has just dropped another megaton on the gaming industry, only this time it’s about ten times bigger than buying Bethesda, as they’ve announced the acquisition of Activision Blizzard for a reported value of $70 billion. Microsoft is aiming to offer ‘as many of their games as possible’ on Game Pass for Xbox and PC.

Upon the deal’s closure, Activision Blizzard will report directly to Phil Spencer, the Head of Microsoft Gaming. This suggests Activision Blizzard CEO Bobby Kotick, who recently got embroiled in a sea of controversies alongside the rest of the company, might be on the way out once the deal is done, though that’s not clear yet.

Activision Blizzard has Fired Several Employees Over Workplace Misconduct

Here’s what Spencer himself said in the announcement blog post shared on Xbox Wire.

The fantastic franchises across Activision Blizzard will also accelerate our plans for Cloud Gaming, allowing more people in more places around the world to participate in the Xbox community using phones, tablets, laptops and other devices you already own. Activision Blizzard games are enjoyed on a variety of platforms and we plan to continue to support those communities moving forward.

As a company, Microsoft is committed to our journey for inclusion in every aspect of gaming, among both employees and players. We deeply value individual studio cultures. We also believe that creative success and autonomy go hand-in-hand with treating every person with dignity and respect. We hold all teams, and all leaders, to this commitment. We’re looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard.

Around the world, there is no more exciting venue for fun and connection than video games. And there has never been a better time to play than right now. As we extend the joy and community of gaming to everyone, we look forward to welcoming all of our friends at Activision Blizzard to Microsoft Gaming.

Here’s how the new Microsoft Gaming leadership team will be structured going forward.

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