On Tuesday, the Microsoft said that the company is going to purchase popular video game company, Activision Blizzard with nearly 7 billion dollars. The video games become the part of the digital life of people nowadays.
It will be the blockbuster acquisition in the gaming world and by the Microsoft Company. The company invading leading spot of this 175 billion dollar industry that is working successfully on all types of devices. In addition to this, the video games popularity is reaching at its peak during the pandemic. All technology companies are focusing on the money and attention from three billion worlds gamers.
Furthermore, some famous titles like Call of Duty and Candy Crush are the part of Activision. Now, if Microsoft purchase the Activision Blizzard, then the future of the gaming world is more bright indeed.
In addition this, the coming deal between Microsoft and Activision Blizzard will also play a significant role in the Metaverse. A metaverse is a nascent world of augmented and virtual reality. No doubt, Metaverse attracted the highest level of talent and huge investments. But, the Microsoft Company is going to take a huge significant decision that will impact their business.
The chief exective of the gaming business of the Microsoft, the Phil Spencer said that this blockbuster acquisition is to gain a strong control in mobile gaming. Furthermore, he said that call of duty is a fantastic entertainment franchise on the entire planet.
On the other hand, Federal regulators also having concerns regarding this great acquisition. There is no doubt that republicans and democrats also try to limit the technology giants. Microsoft already has at second position with the value of 2.3 trillion dollars. It is only next to Apple in its value in the technology world. The Microsoft has not such big competitors.