Get ready gamers! The gaming industry is about to witness a massive takeover that will shake things up like never before. In what can only be described as the biggest acquisition of 2022, Microsoft Gaming Company has announced its plans to acquire Activision Blizzard for an eye-watering sum of Rs 5 lakh crore. This move is set to change the landscape of the gaming world and we have all the juicy details you need to know right here on rajkotupdates.news. So, sit tight and get ready to explore this exciting new development in the gaming universe!
Microsoft is buying Activision Blizzard for $52.6 billion
According to the report, Microsoft is buying Activision Blizzard for $52.6 billion. This move signals that Microsoft is looking to become a dominant player in the video game industry. The purchase will give Microsoft a greater reach into the lucrative esports market and allow it to create new blockbuster titles. The transaction is set to be completed in fall 2019.
The Reasons Why Microsoft Bought Activision Blizzard
Microsoft Corporation has announced the acquisition of Activision Blizzard for $10 billion. The deal is the largest in gaming history and will give Microsoft a greater foothold in the lucrative video game industry.
Activision Blizzard is one of the world’s largest video game companies, with more than 64 million active players worldwide. The company produces games including Call of Duty, World of Warcraft, and StarCraft.
Some analysts say that the purchase is an attempt by Microsoft to compete against rivals like Amazon and Apple, who are both heavily invested in the video game industry. Others believe that Microsoft will use the company’s resources to develop new gaming platforms and software.
Regardless of motives, the acquisition is likely to have a large impact on the gaming industry as a whole.
What the Future Holds for Microsoft and Activision Blizzard
The future for Microsoft and Activision Blizzard looks to be very bright. The gaming company has announced that it will be purchasing the company for Rs. lakh crore (~$12.7 billion). This move is expected to help both companies strengthen their positions in the gaming industry.
This purchase is likely to benefit Microsoft in a few ways. First, it will give the company a greater share of the growing global gaming market. Second, it will give Microsoft a larger presence in developing new gaming platforms. And lastly, it will allow the two companies to work together more closely on projects such as their joint venture into streaming games online.
Activision Blizzard, meanwhile, will be able to benefit from the increased resources that Microsoft brings to the table. The acquisition should lead to significant improvements in the quality of Activision Blizzard’s games and services, making them even more enjoyable for players around the world.
After years of speculation and reports of the two companies trying to merge, it has finally been confirmed that Microsoft will be buying Activision Blizzard for a staggering Rs. 5,00,000 crore. This deal is expected to be finalized by the end of March 2019, and is set to create one of the largest gaming companies in the world. With over 60 million monthly active users on their respective games platforms (Call Of Duty: WWII being the most popular), this merger is sure to shake up the gaming industry as we know it.