Activision Blizzard (ATVI) CEO Bobby Kotick to Leave After Deal With Microsoft (MSFT) Closes - WSJ

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Microsoft (MSFT) to acquire Activision Blizzard (ATVI) for $95 Per Share

January 18, 2022 8:28 AM EST

With three billion people actively playing games today, and fueled by a new generation steeped in the joys of interactive entertainment, gaming is now the largest and fastest-growing form of entertainment. Today, Microsoft Corp. (Nasdaq: MSFT) announced plans to acquire Activision Blizzard Inc. (Nasdaq: ATVI), a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsofts gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.

Microsoft will acquire Activision Blizzard for $95.00 per share, in an... More