Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the world with nearly 10,000 employees.
Well, it’s something that I really expected to happen but I never saw Microsoft being the hail Mary savior for Activision-Blizzard after their latest burst up with staff and sexual harassment cases.
This is a very good business opportunity taken by Microsoft. They are really pushing hard to have big monopoly over the gaming industry with acquiring so many studios under their wing.
Zynga is a mobile game company and for the price of $12.7 billion isn’t too much in my opinion because they are selling very well as a good trend in the market.