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On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion. [1] The acquisition was completed on October 13, 2023, with its total cost amounting to $75.4 billion. [2] Under the terms of the agreement, Microsoft brought Activision Blizzard under its Microsoft Gaming business unit as a sibling division to ...
Under Blizzard Entertainment, it invested in esports initiatives around several of its games, most notably Overwatch and Call of Duty. Activision Blizzard's titles have broken a number of release records. [9] [10] [11] As of March 2018, it was the largest game company in the Americas and Europe in terms of revenue and market capitalization. [12]
blizzard.com. Blizzard Entertainment, Inc. is an American video game developer and publisher based in Irvine, California. A subsidiary of Activision Blizzard, the company was founded in February 1991 as Silicon & Synapse, Inc. by three graduates of the University of California, Los Angeles: [1] Michael Morhaime, Frank Pearce and Allen Adham.
UPDATED: Microsoft closed a $68.7 billion deal to acquire Activision Blizzard on Friday after getting the green light from regulators in the U.K., nearly two years after it was first announced.
Activision Blizzard (ATVI) shares jumped in pre-market after Microsoft (MSFT) announced it will acquire the video game publisher for $95 dollars per share. The deal is valued at $68.7 billion.
It completed its $69 billion acquisition of Activision Blizzard in October 2023, bought GitHub in 2018, and LinkedIn in 2016, among others. ... *Stock Advisor returns as of September 23, 2024.
In 2019, Kotick's total compensation at Activision Blizzard fell to $30.1 million, [48] down from his 2018 package of $31 million in salary, bonus, perks, stock and options. 85% of his 2018 compensation came from stock and options. He was the 21st most highly compensated CEO in the United States that year.
Intel stock popped in early ... Meanwhile, a takeover by Qualcomm would be the largest tech merger since Microsoft purchased Activision Blizzard for $69 billion. A deal of such scale would likely ...