Microsoft Has Acquired Activision Blizzard In Deal Reportedly Worth 68 Billion

Microsoft has continued its aggressive acquisition of major game studios today in a potentially industry-shifting merger with Activision-Blizzard, the major publisher behind DOTA 2, Overwatch, Call of Duty, and many more. The deal was earlier today reported as being worth around $70 billion, making it by far the largest acquisition in the games industry to date.

Xbox CEO Phil Spencer confirmed the acquisition with a message that reads:

Activision-Blizzard has been in somewhat of a crisis following allegations of sexual misconduct and a subsequent lawsuit against the company’s leadership last year, which has seen key members of the team resign.

Microsoft made waves in 2020 with its then record-setting acquisition of ZeniMax Studios, the parent company of Bethesda Games, in a deal worth $7.5 billion.

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