$68 Billion Microsoft-Activision Blizzard Deal Gets a Massive Shot in the Arm Amidst Growing Concerns

Published 04/28/2022, 1:16 PM EDT

The highly hyped acquisition announcement of the year, in other words, the entire gaming history, now seems to be going in its desired direction. Finally, the Activision Blizzard stockholders approved the proposal of Microsoft to acquire the Call of Duty publisher.

After the initial reveal of the deal in early 2022, this is a big news for Microsoft and especially for Xbox Game Studios’ head Phil Spencer. At least the deal is happening now and there’s less likely a chance of its cancellation.

Xbox-Activision merger on the verge of completion after huge progress by Microsoft

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As reported by BusinessWire, more than 98 percent of shares voted at the Special Meeting, on Thursday, were in the support of the proposed transaction with Microsoft.

Activision Blizzard shareholders approve Microsoft acquisition
"More than 98% of the shares voted at the Special Meeting were voted in favor of the proposed transaction with Microsoft."https://t.co/yauszmcCuL pic.twitter.com/Vu8w2ac5RR
— Nibel (@Nibellion) April 28, 2022

The amount for which Microsoft is going to acquire the Call of Duty publisher is $68.7 billion.

After the successful approval by the stockholders, CEO Bobby Kotick had this to say:

“Today’s overwhelmingly supportive vote by our stockholders confirms our shared belief that, combined with Microsoft, we will be even better positioned to create great value for our players, even greater opportunities for our employees, and to continue our focus on becoming an inspiring example of a welcoming, respectful, and inclusive workplace.”

The deal, when finished, will grant Xbox Game Studios a full access to all the hit Blizzard games. Not to mention that IPs like Overwatch, Diablo, Doom, alongside CoD, and more, will have receive new installments under the supervision of Phil Spencer.

On other hand, Microsoft is now turning into a real player in the gaming industry. Last year, it acquired Fallout and Skyrim maker Bethesda, and now with Activision, it’s going to expand even further.

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WATCH THIS STORY: From Call Of Duty To Minecraft: Ranking The Highest–Selling Video Games of All Time

Well, this is surely a big win for Microsoft and Xbox this year, following the recent success of the new series of consoles in terms of sales.

What are your thoughts on this development? Are you excited to see Call of Duty being operated by a new studio in the future?

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Don’t forget to share your views. Let us know in the comments.

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Written by:

Mintu Tomar is an eSports author at EssentiallySports. After completing his bachelor's in Philosophy, he has followed his passion for covering news as a budding journalist. He lives and breathes video games and is a die-hard Call of Duty fan.

Edited by:

Pritam Priyedarshi

$68 Billion Microsoft-Activision Blizzard Deal Gets a Massive Shot in the Arm Amidst Growing Concerns

Xbox-Activision merger on the verge of completion after huge progress by Microsoft

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