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Activision Blizzard Acquisition by Microsoft: A New Era in Gaming Industry

IBUGAME — Activision Blizzard Purchase by Microsoft, is indeed a big history in the industry game today’s world, especially in 2023.

This world technology company has just completed the purchase of the Call of Duty (COD) developer in full on Friday (13/10/2023).

This means that Activision Blizzard will be completely owned by Microsoft, including game-game available in it.

More than that, the games on Activision Blizzard will later be available on Microsoft’s platform, namely Xbox Game Pass.

Activision Blizzard CEO, Bobby Kotick, said that his company had received official approval from the UK Competition & Markets Authority (CMA), as well as approving its transaction with Microsoft.

Kotick continued, this agreement clearly benefits Activision Blizzard, which is officially part of Microsoft.

“We now have all the necessary regulatory approvals to be completed and we look forward to bringing joy and connection to more players around the world,” he said in an official statement.

“Our board chairman Brian Kelly and I are incredibly proud of the community and its accomplishments over the past four decades. We are excited for this next chapter with Microsoft and the endless possibilities it creates for our community and players,” Kotick continued.

Even though the acquisition and purchase process is official, Activision Blizzard management will still continue.

Behind this big acquisition, Activision Blizzard boss, Bobby Kotick, gave the latest confirmation to the public that he will remain as CEO until the end of this year, reported by IGN.

Kotick even mentioned his request to Xbox boss Phil Spencer to serve at his company until the end of 2023.

“I have long said that I am fully committed to helping with this transition,” Kotick said.

“Phil has asked me to remain as CEO of ABK, reporting to him, and we have agreed that I will do so until the end of 2023. We both look forward to working together on a smooth integration for our teams and players,” he continued.

Bobby Kotick is the figure who developed Activision Blizzard to its current success.

2023-10-14 09:38:00
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