Microsoft has announced that it will purchase Activision Blizzard and expand Xbox Team.
Activision Blizzard and Microsoft Gaming are joining forces. They will continue to operate independently until this transaction closes, a $70 Billion valuation. Creators of Call of Duty, Warcraft, Candy Crush, Tony Hawk, Diablo, Overwatch, Spyro, Hearthstone, Guitar Hero, Crash Bandicoot, StarCraft, and more will join Team Xbox. Additionally, many Activision Blizzard games will join Xbox Game Pass and PC Game Pass.
Acquiring Activision Blizzard will also accelerate plans for Cloud Gaming. It will allow more people worldwide to participate in the Xbox community using phones, tablets, laptops, and other devices. Activision Blizzard games are on various platforms, and Microsoft plans to continue supporting those communities moving forward.
“As a company, Microsoft is committed to our journey for inclusion in every aspect of gaming, among both employees and players. We deeply value individual studio cultures. However, we also believe that creative success and autonomy go hand-in-hand with treating every person with dignity and respect. We hold all teams, and all leaders, to this commitment.
We’re looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard.”Phil Spencer, CEO, Microsoft Gaming