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Key FactsMicrosoft Finalizes $69bn Activision Blizzard Acquisition
Oct 13, 2023 · Reading time: ~45 sec.
Summary created with AI assistance · Source: theguardian.com
  • Microsoft completed its $69 billion acquisition of Activision Blizzard following clearance by the UK’s Competition and Markets Authority.

  • Initial concerns about Microsoft dominating cloud gaming were resolved through concessions involving Ubisoft’s access to cloud rights.

  • A 15-year agreement prevents exclusivity on Microsoft’s cloud platform and allows Ubisoft to offer Activision games on various operating systems.

  • Despite ongoing opposition from US regulators, the deal has been authorized and finalized in the UK and Europe.
  • As cloud gaming grows, this intervention will ensure people get more competitive prices, better services and more choice.
    — Sarah Cardell, CMA chief executive, commenting on the CMA's decision to clear the deal