this post was submitted on 13 Oct 2023
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[–] autotldr@lemmings.world 2 points 1 year ago

🤖 I'm a bot that provides automatic summaries for articles:

Click here to see the summaryMicrosoft has finalized its $68.7 billion deal to acquire Activision Blizzard, the publisher of Call of Duty, World of Warcraft, and Diablo.

The acquisition required 20 months of battles with regulators in the UK and US, but Microsoft has closed its Activision Blizzard deal after defeating the Federal Trade Commission in a US federal court and restructuring the deal to appease the Competition and Markets Authority (CMA) in the UK.

“As one team, we’ll learn, innovate, and continue to deliver on our promise to bring the joy and community of gaming to more people.

“Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms,” says Spencer.

Activision Blizzard made it clear earlier this week that Modern Warfare 3 and Diablo IV won’t be coming to Xbox Game Pass this year, though.

After the FTC then failed to secure a preliminary injunction to block Microsoft from finalizing its Activision Blizzard acquisition, the CMA and Microsoft instantly agreed to pause their legal battles for a remedy in the UK and eventually negotiated an agreement over cloud gaming rights.


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