MICROSOFT is buying video game publisher Activision for a staggering $68.7billion.
Activision is famous for publishing the Call of Duty franchise.
Microsoft has big plans to develop a Facebook-style metaverse and says its growing gaming section will play a key role in this.
Microsoft CEO Satya Nadella in a statement: “Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms.
“We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all.”
The purchase is Microsoft’s biggest purchase to date and is thought to be the biggest gaming acquisition ever.
The deal means many of Activision’s games will be added to to Xbox Game Pass.
Activision is behind popular games like World of War Craft and Diablo.
Candy Crush and Overwatch are its other big titles along with the many Call of Duty games.
The final acquisition hasn’t happened yet but when it does all those games will belong to Microsoft.
Microsoft’s CEO of gaming Phil Spencer said: “Upon close, we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard’s incredible catalog.”
This great news for any of the 25 million Xbox Games Pass subscribers who are about to get access to some very popular games.
More to follow…
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