Its official: Microsofts Activision acquisition has been closed

Date:
Fri, 13 Oct 2023 13:08:56 +0000

Description:
Microsoft's Activision acquisition has been officially closed after receiving approval from the Competition and Markets Authority.

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Its really happening - 20 months after Microsoft first announced its plans to acquire Activision Blizzard in the largest video game merger of all time, the deal has now been closed ahead of the October 18 deadline.

In a news post on Xbox Wire , Xbox boss Phil Spencer has confirmed that as of today (October 13), "we officially welcome Activision Blizzard and their
teams to Xbox".

"As one team, well learn, innovate, and continue to deliver on our promise to bring the joy and community of gaming to more people," Spencer wrote. "Well
do this in a culture that strives to empower everyone to do their best work, where all people are welcome, and is centered on our ongoing commitment of Gaming for Everyone. We are intentional about inclusion in everything we do
at Xbox from our team to the products we make and the stories we tell, to
the way our players interact and engage as a wider gaming community."

This comes after months of scrutiny from regulators, including a court case against the US Federal Trade Commission (FTC) , and a major setback from the UKs Competition and Markets Authority (CMA), which initially blocked the deal over concerns that it could harm competition in cloud gaming in the UK. However, Microsoft directly addressed these concerns by amending the deal to state that it would sell the cloud streaming rights for both current and new Activision games (released over the next 15 years) to Ubisoft.

The CMA gave its official approval of the updated merger deal today (October 13), after first giving its preliminary approval last month. Martin Coleman, the chair of the independent panel who reviewed the original proposal, said
in a statement that the new deal is better for competition, better for consumers, and better for economic growth.

With the deal finalized, Microsoft has gained the rights to a number of notable IPs, including Overwatch, Spyro the Dragon, and most notably, Call of Duty . In July this year, Spencer announced that Microsoft and PlayStation
had signed a binding agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, which is bound to be reassuring to
any Call of Duty fans who only own Sony consoles.

So, where do things go from here? Earlier this week and prior to the deal closing, Activision clarified that while it doesnt have plans to put Diablo 4 or Call of Duty: Modern Warfare 3 on Xbox Game Pass this year, it said that
it expects to begin adding games into Game Pass some time in the course of next year.

In his latest statement, Spencer wrote: "Today we start the work to bring beloved Activision, Blizzard, and King franchises to Game Pass and other platforms. Well share more about when you can expect to play in the coming months. We know youre excited and we are too."

Be sure to keep an eye on the rest of this years upcoming games in our handy roundup. You can also check out the best Xbox Series X games to play right now.



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Link to news story: https://www.techradar.com/gaming/its-official-microsofts-activision-acquisitio n-has-been-closed


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