Photo: Microsoft / Courtesy
Microsoft announced this Tuesday that it has reached an agreement to acquire the shares of Activision
, one of the most important video game developers in the market.
The purchase of the firm occurs amid complaints from several employees for alleged acts of sexual harassment and inappropriate conduct by company executives.
expect the trade to close for about $68,700 million, amount to be paid in cash at a price of $95 per share. With this purchase Microsoft will become the third largest video game company in the world.
“We are incredibly excited to have the opportunity to work with incredible, talented and dedicated people at Activision Publishing, Blizzard Entertainment,” they said in a statement from Microsoft.
They clarified that for the time being both companies will continue to work separately until the transaction is completed. Once this is complete, Activision will be led by Phil Spencer, CEO of Microsoft Gaming.
As part of the purchase Microsoft will have full access to Activision’s catalog which includes games like the Call of Duty saga, Diablo and World of Warcraft, all of them hits resounding from the commercial point of view.
This represents a great expansion of the vast catalog of video games that the company already had, after at the beginning of 2021 also finalized the purchase of Bethesda .
Thanks to this strategic move they were able to join the service Xbox Games Pass titles like Doom, The Elder Scrolls, Starfield, plus other 200 titles
.
They also hope that the purchase of the video game developer will allow them to accelerate their development plans for games in the cloud, something with which they hope to further increase their total number of users.
The announcement of the purchase of Activision is bad news for Sony, which has been working on merging its subscription services PlayStation Now and PlayStation Plus in order to stand up to Game Pass in Microsoft and compete in the online gaming segment.
This may also interest you:
– Sony plans to launch new subscription online gaming service for PlayStation users
– What is Unblocked Games World and how are the games used on the page
– 6 gaming laptops for less than $1,000 Dollars