Microsoft Activision Acquisition
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FTC Drops Case Over Microsoft's $69 Billion Activision Blizzard Deal
The US FTC dropped a case that sought to block Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard. The FTC believed that pursuing the case against Microsoft was not in the public interest.
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Microsoft’s Gaming Chief Phil Spencer Is Still Open to Acquisitions After Activision Deal
Microsoft’s video-gaming chief is still looking at acquisitions and charting how to compete and partner in the markets for handheld game devices and mobile stores. Deals that add “geographic diversity,” including in Asia, might be worthwhile, Phil Spencer said in an interview.
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Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
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Microsoft To Lay Off 1,900 People After Activision Gaming Buyout
Microsoft is laying off 1,900 people, or eight percent of staff, from its gaming division as it consolidates the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
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Xbox Game Pass Will Not Include Activision Games Like Call of Duty Until 2024, Phil Spencer Explains Why
Call of Duty, World of Warcraft, and other Activision Blizzard games won’t be available on Xbox Game Pass until 2024. Xbox CEO Phil Spencer attributes the lengthy regulatory issues the company faced in its acquisition as the reason for not including Activision Blizzard titles immediately. There was a lot of uncertainty about the British CMA appro...
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US FTC Official Withdraws Case That Sought to Block Microsoft-Activision $69 Billion Deal
The US Federal Trade Commission official on Thursday withdrew the agency's case before an in-house judge that sought to block Microsoft's $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction.
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Microsoft to Let Call of Duty Stay on PlayStation After Activision Blizzard Deal
Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal to keep Call of Duty on Playstation could further ease concerns surrounding the acquisition's impact on competition.
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Microsoft-Activision Acquisition: Everything to Know About Deal, Challenges
The US Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft's $69 billion (nearly Rs. 5,67,00 crore) acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request. The deal is facing varying responses around the world from regulators.
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Microsoft’s Acquisition of Activision Blizzard Likely to Lessen Competition, Says Canadian Justice Department
Canada's Department of Justice has concluded that Microsoft's deal to buy Activision Blizzard "is likely to" lead to less competition in some aspects of gaming, according to a court filing on Thursday. Microsoft has pressed for a decision in the court fight before the July 18 termination date for the deal. A ruling could come as early as next week.
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Activision Blizzard to Set Up Shop in Barcelona Following EU's Approval for Microsoft Acquisition
Activision Blizzard said its studio that developed Call of Duty would set up shop in Barcelona, putting into action its pledge to invest in Europe after Brussels approved Microsoft's $69 billion (nearly Rs. 5,66,000 crore) acquisition of the company in May. The US company said on Wednesday its game developer Infinity Ward, which created the blockb...
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Microsoft Explored Acquiring Sega, Bungie, Niantic to Strengthen Xbox Game Pass and Mobile Portfolio: Report
Microsoft was looking to acquire gaming giants such as Sega, Bungie, and Niantic in the past few years, court documents from the ongoing FTC v Xbox parent’s trial revealed. The emails detailed that Xbox chief Phil Spencer wrote to Microsoft CEO Satya Nadella and CFO Amy Hood, requesting strategy approval to approach Sega Sammy for a potential gam...
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US FTC Argues Microsoft's Deal to Acquire Activision Should Be Temporarily Blocked
The US Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard. The FTC argues it needs a judge to block Microsoft and Activision Blizzard from closing their $69 billion (about Rs. 5,65,921 crore) merger until the agency's in-house ...
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Gaming in 2023: Diablo IV, Spider-Man 2 Release Date, Microsoft's Activision Takeover Woes and More
The first half of 2023 has already been impressive with The Legend of Zelda: Tears of the Kingdom and Hogwarts Legacy. On this week's Orbital podcast, we discuss our favourite picks from the June games showcases, Diablo IV's pros and cons, and our favourite games coming in the near future. We once again muse about how Microsoft's acquisition of Act...
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Microsoft’s $69 Billion Acquisition of Activision Blizzard Temporarily Blocked by US Judge
US District Judge Edward Davila granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week. The two-day evidentiary hearing is set for June 22–23 in San Francisco, to decide whether a preliminary injunction would be necessary. Without a co...
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Microsoft-Activision Blizzard Acquisition Deal Said to Get Blocked by US FTC
The US Federal Trade Commission will file an injunction blocking Microsoft's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microsoft is seeking to acquire the Call of Duty videogame maker in a $69 billion (nearly Rs. 5,68,800 crore) deal. The EU approved the Activision deal in May, but British com...
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FTC Drops Case Over Microsoft's $69 Billion Activision Blizzard Deal
The US FTC dropped a case that sought to block Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard. The FTC believed that pursuing the case against Microsoft was not in the public interest.
-
Microsoft’s Gaming Chief Phil Spencer Is Still Open to Acquisitions After Activision Deal
Microsoft’s video-gaming chief is still looking at acquisitions and charting how to compete and partner in the markets for handheld game devices and mobile stores. Deals that add “geographic diversity,” including in Asia, might be worthwhile, Phil Spencer said in an interview.
-
Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
-
Microsoft To Lay Off 1,900 People After Activision Gaming Buyout
Microsoft is laying off 1,900 people, or eight percent of staff, from its gaming division as it consolidates the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
-
Xbox Game Pass Will Not Include Activision Games Like Call of Duty Until 2024, Phil Spencer Explains Why
Call of Duty, World of Warcraft, and other Activision Blizzard games won’t be available on Xbox Game Pass until 2024. Xbox CEO Phil Spencer attributes the lengthy regulatory issues the company faced in its acquisition as the reason for not including Activision Blizzard titles immediately. There was a lot of uncertainty about the British CMA appro...
-
US FTC Official Withdraws Case That Sought to Block Microsoft-Activision $69 Billion Deal
The US Federal Trade Commission official on Thursday withdrew the agency's case before an in-house judge that sought to block Microsoft's $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction.
-
Microsoft to Let Call of Duty Stay on PlayStation After Activision Blizzard Deal
Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal to keep Call of Duty on Playstation could further ease concerns surrounding the acquisition's impact on competition.
-
Microsoft-Activision Acquisition: Everything to Know About Deal, Challenges
The US Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft's $69 billion (nearly Rs. 5,67,00 crore) acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request. The deal is facing varying responses around the world from regulators.
-
Microsoft’s Acquisition of Activision Blizzard Likely to Lessen Competition, Says Canadian Justice Department
Canada's Department of Justice has concluded that Microsoft's deal to buy Activision Blizzard "is likely to" lead to less competition in some aspects of gaming, according to a court filing on Thursday. Microsoft has pressed for a decision in the court fight before the July 18 termination date for the deal. A ruling could come as early as next week.
-
Activision Blizzard to Set Up Shop in Barcelona Following EU's Approval for Microsoft Acquisition
Activision Blizzard said its studio that developed Call of Duty would set up shop in Barcelona, putting into action its pledge to invest in Europe after Brussels approved Microsoft's $69 billion (nearly Rs. 5,66,000 crore) acquisition of the company in May. The US company said on Wednesday its game developer Infinity Ward, which created the blockb...
-
Microsoft Explored Acquiring Sega, Bungie, Niantic to Strengthen Xbox Game Pass and Mobile Portfolio: Report
Microsoft was looking to acquire gaming giants such as Sega, Bungie, and Niantic in the past few years, court documents from the ongoing FTC v Xbox parent’s trial revealed. The emails detailed that Xbox chief Phil Spencer wrote to Microsoft CEO Satya Nadella and CFO Amy Hood, requesting strategy approval to approach Sega Sammy for a potential gam...
-
US FTC Argues Microsoft's Deal to Acquire Activision Should Be Temporarily Blocked
The US Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard. The FTC argues it needs a judge to block Microsoft and Activision Blizzard from closing their $69 billion (about Rs. 5,65,921 crore) merger until the agency's in-house ...
-
Gaming in 2023: Diablo IV, Spider-Man 2 Release Date, Microsoft's Activision Takeover Woes and More
The first half of 2023 has already been impressive with The Legend of Zelda: Tears of the Kingdom and Hogwarts Legacy. On this week's Orbital podcast, we discuss our favourite picks from the June games showcases, Diablo IV's pros and cons, and our favourite games coming in the near future. We once again muse about how Microsoft's acquisition of Act...
-
Microsoft’s $69 Billion Acquisition of Activision Blizzard Temporarily Blocked by US Judge
US District Judge Edward Davila granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week. The two-day evidentiary hearing is set for June 22–23 in San Francisco, to decide whether a preliminary injunction would be necessary. Without a co...
-
Microsoft-Activision Blizzard Acquisition Deal Said to Get Blocked by US FTC
The US Federal Trade Commission will file an injunction blocking Microsoft's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microsoft is seeking to acquire the Call of Duty videogame maker in a $69 billion (nearly Rs. 5,68,800 crore) deal. The EU approved the Activision deal in May, but British com...
