Sunday, May 22nd, 2022

Microsoft acquires Activision Blizzard and owns Call Of Duty and Crash Bandicoot

Image: Activision

Microsoft was confused and bought call of Duty When Crash Bandicoot The publisher, Activision, has a whopping $ 68.7 billion worth of transactions.Disney paid $ 4.05 billion to give some perspective on the amazing magnitude of that number Star Wars Studio Lucasfilm was paid in 2012, half in cash and half in Disney stock.

This bold move is reminiscent of Microsoft’s acquisition of the industry’s heavyweight Bethesda in 2021.

Activision has recently been talked about for all wrong reasons, and multiple allegations of harassment and misconduct have been filed. Bobby Kotick will remain CEO of Activision Blizzard, but will report to Phil Spencer, CEO of Microsoft Gaming.

Here’s what Cotic had to say about this deal:

For over 30 years, our incredibly talented team has created some of the most successful games. Combining Activision Blizzard’s world-class talent and extraordinary franchise with Microsoft’s technology, distribution, access to talent, ambitious vision, and a common commitment to gaming and inclusion in an increasingly competitive industry. You can ensure your continued success.

Spencer recently joined Nintendo’s president Doug Bowser vocal We’ve added the following about ongoing issues in Activision:

Every player loves Activision Blizzard games and believes that the creative team is doing the best job in front of them. Together, we build a future where people can play their favorite games wherever they are.

The press release is as follows:

As a team, our mission is to extend the joy of the game and the community to everyone on the planet. Games are the most vibrant and dynamic entertainment in the world, and we all know that we have experienced the power of social connections and friendships that games enable.

In carrying out that mission, it is very exciting to announce that Microsoft has agreed to acquire Activision Blizzard.

Over the decades, the studios and teams that make up Activision Blizzard have garnered great sources of joy and respect from billions of people around the world. Get the opportunity to work with great talented and dedicated people across Activision Publishing, Blizzard Entertainment, Beenox, Demonware, Digital Legends, High Moon Studios, Infinity Ward, King, Major League Gaming, Radical Entertainment and Raven Software. We are very excited to be able to do it. , Sledgehammer Games, Toys for Bob, Treyarch, and the entire team of Activision Blizzard.

Activision Blizzard and Microsoft Gaming will continue to operate independently until this transaction is complete. When the transaction is completed, the Activision Blizzard business will report to me as CEO of Microsoft Gaming.

Upon exit, we will offer as many Activision Blizzard games as possible within the Xbox Game Pass and PC Game Pass. These are both new titles and games from Activision Blizzard’s great catalog. We also announced today that the number of Game Pass subscribers has exceeded 25 million. As always, we look forward to continuing to add more value and great games to the Game Pass.

A great franchise across Activision Blizzard accelerates cloud gaming planning and enables more locations around the world to join the Xbox community using mobile phones, tablets, laptops and other devices. Activision Blizzard games are enjoyed on a variety of platforms and will continue to support these communities.

As a company, Microsoft is committed to our journey to participate in every aspect of the game, both employees and players. We value individual studio culture deeply. We also believe that creative success and autonomy are inextricably linked to treating everyone with dignity and respect. We bind all teams and all leaders to this commitment. We look forward to expanding the culture of active inclusion to a good team across Activision Blizzard.

No other place in the world is as fun and connected as video games. And there was never a better time to play than it is now. We look forward to welcoming all of Activision Blizzard’s friends to Microsoft Gaming as we expand the joy of the game and the community to everyone.

This is a developing story.