News > Microsoft buys game maker Activision Blizzard for about $70 billion
Microsoft buys game maker Activision Blizzard for about $70 billion
LiveMint | 19/01/2022 11:04 AM | Click to read full article
Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, to boost its competitiveness in mobile gaming and virtual-reality technology.
The all-cash $68.7 billion deal will turn Microsoft , maker of the Xbox gaming system, into one of the world's largest video game companies. It will also help it compete with tech rivals such as Meta, formerly Facebook, in creating immersive virtual worlds for both work and play.
