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Microsoft's massive Metaverse move: Buying Activision for $69B

Published 01/18/2022, 08:47 PM
Updated 01/18/2022, 10:20 PM

Microsoft (NASDAQ:MSFT) Crop. is acquiring gaming giant Activision Blizzard Inc (NASDAQ:ATVI). for $69 billion as part of a move to ramp up its gaming and Metaverse plans.

Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush, World of Warcraft and Tony Hawk’s Pro-Skater. Following the deal, its games are set to be added to Microsoft Xbox’s Game Pass service that has 25 million subscribers.

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