Microsoft will buy the video game publisher Activision Blizzard in a $68.7 billion deal that would greatly change the gaming sphere. Microsoft will buy the video game publisher Activision Blizzard in a $68.7 billion deal that would reshape the gaming landscape. “We need more innovation and investment in content creation, and fewer constraints on distribution,” Microsoft CEO Satya Nadella said in a conference call Tuesday morning. “Our vision is for a river of entertainment where content and commerce flow freely.
But the deal is also part of a larger push into the “metaverse.” Speaking on the call, Nadella said that removing barriers on distribution “will only become more important as the digital and physical worlds come together and the metaverse develops.” Activision’s Kotick, meanwhile, said on the call that “our talent and our franchises are critical components in the construction of a rich metaverse.” “The race to do this is accelerating, and the resources required for success are enormous,” Kotick added, saying that Microsoft has the resources to do so.
STW says if this deal goes through, Microsoft stock could soar even higher than where it is. MSFT as of Jan 18, 2022 is at $304. This is not investment advice. Only information.
Commentaires