In a landmark decision, the United Kingdom’s competition watchdog has given the green light to Microsoft’s $69 billion acquisition of Activision. This approval marks the removal of the last obstacle in the path of the largest-ever deal in the gaming industry.
Microsoft, a global leader in software development and cloud services, announced its plans to acquire Activision, one of the world’s most prominent video game publishers, earlier this year. The deal, valued at a staggering $69 billion, is set to reshape the landscape of the gaming industry.
The approval from the UK competition watchdog was one of the final hurdles that the deal had to clear. With this clearance, Microsoft is now set to finalize its acquisition of Activision. This move will significantly expand Microsoft’s gaming portfolio and bolster its position in the highly competitive gaming market.
The acquisition includes popular gaming franchises such as Call of Duty, World of Warcraft, and Candy Crush, all of which will be added to Microsoft’s already impressive roster that includes Xbox and Minecraft. This monumental deal signifies a major shift in the gaming industry and is expected to have far-reaching implications for gamers and developers alike.