Microsoft to buy Activision in $68.7 billion all-cash deal

Discussion in 'Frontpage news' started by Astyanax, Jan 18, 2022.

  1. Astyanax

    Astyanax Ancient Guru

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    Microsoft announced Tuesday it will buy video game giant Activision Blizzard in a $68.7 billion deal.

    Shares of Activision soared about 37% in pre-market trading before being halted after the Wall Street Journal first reported the deal.

    Microsoft shares fell more than 2% following the announcement

    Source: https://www.cnbc.com/2022/01/18/microsoft-to-buy-activision.html?__source=google|editorspicks|&par=google

    Official Guru3D: Microsoft to acquire Activision Blizzard for a whopping $68.7 billion all-cash deal
     
    Last edited: Jan 18, 2022
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  2. Horus-Anhur

    Horus-Anhur Ancient Guru

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  3. Hilbert Hagedoorn

    Hilbert Hagedoorn Don Vito Corleone Staff Member

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  4. PrMinisterGR

    PrMinisterGR Ancient Guru

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    I would say RIP, but Bobby Kotick doesn't deserve peace.

    It's a pity to see Microsoft hoarding all of PC gaming.
     

  5. Embra

    Embra Maha Guru

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  6. Rx4speed

    Rx4speed Member Guru

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    $70 Billion? OMG.
     
  7. JamesSneed

    JamesSneed Ancient Guru

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    Winter is coming.
     
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  8. schmidtbag

    schmidtbag Ancient Guru

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    I really with they would buy out a company like EA. At least then they won't get any worse.
     
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  9. Prince Valiant

    Prince Valiant Master Guru

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    Microsoft should buy all of the mega-publishers. Maybe then the market will crash and there can be some real competition again :D. Bonus points if it kicked the "gamer" market (overpriced GPUs, monitors, etc) down a few pegs for a while :cool:.
     
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  10. tunejunky

    tunejunky Ancient Guru

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    we really don't need this consolidation, but Activision does. the article touched on their cultural toxicity but it's way worse than that. M$ is striking gold and has the managerial expertise to clean house... all while digesting those "lovely" monthly fees that Blizz generates.
    for the consumer this is a wash - except for XBox Gamepass, where those expensive titles can be played. Gamepass is actually a very good deal for those who don't want to spend hundreds a month on new titles or subscriptions... one subscription to rule them all - even if the HQ is Mordor.
     

  11. Oversemper

    Oversemper Member

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    Public wanted to punish Activision's investors and CEOs and managed to punish them by letting them have more money than their offsprings will manage to burn in a lifetime. Good job!
     
  12. Netherwind

    Netherwind Ancient Guru

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    I hoped this would be an April Fools joke.
    Are Microsoft blind? What do they see of value in this failing company? CoD? King?
     
  13. CPC_RedDawn

    CPC_RedDawn Ancient Guru

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    Doesn't anti monopoly laws come into account here? Activison is the second biggest publisher in the industry!? How was this allowed?


    EDIT:

    Sony must be absolutely crapping their pants about now.
     
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  14. Horus-Anhur

    Horus-Anhur Ancient Guru

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    Activision-Blizzard had a market cap of 50.41 Billion US$.
    MS paid 20 Billion extra for the company. I bet Kotick is getting a big bonus from this deal.
     
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  15. sunnyp_343

    sunnyp_343 Master Guru

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    Wow that's the biggest news in gaming world and i m happy more games coming in game pass then.
     

  16. tunejunky

    tunejunky Ancient Guru

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    Sony would be targeted before M$ as the market leader
    too many independent game publishers for a real monopoly suit. the total sales doesn't disturb the Feds as much as the lack of competition. M$ will argue this is a competitive move and Sony is worse if ever dragged into court.
     
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  17. Horus-Anhur

    Horus-Anhur Ancient Guru

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    The question now is when will MS pull CoD and all those other games from the Playstation platform.
     
  18. CPC_RedDawn

    CPC_RedDawn Ancient Guru

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    I doubt they pull the current games, but this deal is meant to be finalised in 2023 in around 18 months. So after that date all future games would more than likely become Xbox and PC only.
     
  19. ttnuagmada

    ttnuagmada Master Guru

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    This can only be a good thing. Everything released by Blizzard or Activision in recent years has been just absolute, poorly supported trash. Blizzard is just a name at this point.
     
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  20. Solfaur

    Solfaur Ancient Guru

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    I don't know, to me Activision was always "toxic" and basically ruined Blizzard's games after the merge (not that Blizzarrd itself wouldn't have been capable of that on their own in hindsight)... so I don't know how to feel about this, certainly not sad/angry, I was that when they merged with Blizzard. Guess I'll be happy to not hear Kotick's name in gaming news anymore.
     
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