Xbox To Buy Activision Blizzard
Xbox has announced a deal to buy Activision Blizzard, the company behind Call of Duty, World of Warcraft and many other major gaming franchises – coming in at a stupefying $68.7 billion.
Announced on Xbox Wire, the deal means Xbox will soon own the likes of Call of Duty, Warcraft, Overwatch, Diablo, Tony Hawk's Pro Skater, and much more. CEO of Microsoft Gaming Phil Spencer announced that all Activision Blizzard companies would report to him after the deal is closed.
No timescale has been given for how long the deal will take to close, and it's likely that the deal will be examined as to whether it creates a monopoly before it's formally approved. Spencer confirmed that Activision Blizzard would continue to run as an independent company until the deal is complete.
Update: In an email sent to Activision Blizzard employees, CEO Bobby Kotick says the company expects the deal to close "sometime in Microsoft’s fiscal 2023 year ending June 30, 2023".
As expected, Spencer says Xbox will include "as many Activision Blizzard games as we can" in the Xbox Game Pass services. No word has been made about turning the likes of Call of Duty or other mega-franchises into Xbox exclusives, but with the likes of Bethesda's Starfield becoming a first-party exclusive, it feels more than possible.