Microsoft completes $69 billion acquisition of Activision Blizzard after prolonged regulatory battle
- Microsoft has officially completed its acquisition of Activision Blizzard for $69 billion after gaining approval from antitrust regulators.
- The deal faced opposition from authorities in the U.S. and U.K. but concessions from Microsoft helped it gain clearance.
- Microsoft plans to add Activision Blizzard games to its Xbox and Game Pass platforms.
- Longtime Activision CEO Bobby Kotick will assist Microsoft with integration and depart the company in 2023.
- The acquisition makes Microsoft the third largest gaming company behind Tencent and Sony.
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