rajkotupdates.news : microsoft gaming company to buy activision blizzard for rs 5 lakh crore In a surprising move, Microsoft Gaming Company has announced its plans to acquire Activision Blizzard, one of the world’s largest video game companies, for a staggering Rs 5 lakh crore. This acquisition will make Microsoft Gaming Company one of the most prominent players in the gaming industry, giving it access to popular franchises like Call of Duty, World of Warcraft, and Candy Crush Saga. In this article, we will explore the details of this acquisition and what it could mean for the gaming industry.
The Details of the Acquisition
The acquisition announcement came as a shock to many in the gaming industry. Microsoft Gaming Company has reportedly offered Rs 5 lakh crore for Activision Blizzard, almost double the amount the company valued just a few years ago. According to sources, the acquisition is expected to be completed by the end of 2023.
Once the acquisition is complete, Activision Blizzard will become a part of the Xbox Game Studios division of Microsoft Gaming Company. All the popular franchises that Activision Blizzard is known for will be under the Microsoft umbrella, including Call of Duty, World of Warcraft, and Diablo. In addition to these popular titles, Microsoft will also gain access to the company’s mobile gaming division, which includes games like Candy Crush Saga.
The Impact on the Gaming Industry
The acquisition of Activision Blizzard by Microsoft Gaming Company is expected to impact the gaming industry significantly. For starters, it will create a new gaming giant that can compete with other major players in the industry, such as Sony and Nintendo.
In addition, the acquisition will also give Microsoft access to some of the most popular gaming franchises in the world. Call of Duty alone has sold over 300 million copies since it was first released, making it one of the best-selling video game franchises ever. World of Warcraft is also a massive hit, with over 100 million registered players since its launch in 2004.
One potential concern that has been raised is that Microsoft’s acquisition of Activision Blizzard could reduce competition in the industry. This could lead to higher prices for consumers and less innovation in the industry. However, Microsoft has stated that it plans to continue investing in developing new games and technologies, which could help offset these concerns.
The Future of Activision Blizzard
So, what does the future hold for Activision Blizzard after the acquisition is complete? According to Microsoft, the company will continue operating independently with its leadership and creative teams. However, it will be a part of the larger Microsoft Gaming Company ecosystem, which could lead to new opportunities for collaboration and innovation.
One potential area where Microsoft could focus its efforts in developing new gaming technologies. The company has already made significant investments in virtual and augmented reality, and it is possible that we could see more of these technologies incorporated into Activision Blizzard’s games in the future.
The acquisition of Activision Blizzard by Microsoft Gaming Company is a significant development in the gaming industry. It will create a new gaming giant that will be able to compete with other major players in the industry while also giving Microsoft access to some of the most popular gaming franchises in the world. While there are concerns about the potential reduction in competition, Microsoft has stated that it plans to continue to invest in developing new games and technologies, which could help offset these concerns. Overall, this acquisition will likely significantly impact the gaming industry for years to come.