Home Technology peripherals It Industry Microsoft pushes hard to acquire Activision Blizzard for $69 billion, wait and see

Microsoft pushes hard to acquire Activision Blizzard for $69 billion, wait and see

May 21, 2023 am 09:40 AM

Microsoft responds to its proposed $69 billion acquisition of Activision Blizzard. Microsoft CEO Satya Nadella was asked in an interview whether he would bypass certain markets such as the UK, and said "let's wait and see."

The European Commission recently approved Microsoft’s acquisition of Activision Blizzard, which had previously been approved by Japan, Brazil and other countries. Currently, the only obstacle facing Microsoft is regulatory agencies in the United States and the United Kingdom.

According to ITBEAR Technology Information, CNBC asked Nadella a question during the interview, that is, if the British regulatory agency CMA continues to oppose Microsoft’s acquisition of Activision Blizzard, whether Microsoft will choose to only invest in markets such as the United States and Europe. Sales, and bypassing the UK. Although asked about the question, Nadella did not answer directly, but said he should "wait for developments."

Nadella further elaborated: “The basic concept of this transaction is to allow publishers and gamers to gain greater competitiveness and opportunities.”. We respect the decision of the UK and the CMA, which is in their favour. "

Microsoft is still determined to acquire Activision Blizzard, although it has not received a clear response from Nadella. The completion of this transaction will help Microsoft further expand the market and consolidate its leading position in the gaming industry. Microsoft's final decision Waiting to see how the results will change will further arouse the attention of people in the industry.

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