Alex Coin 
This is Microsoft’s biggest deal to date. The move will allow it to grow its video game portfolio a collection of cryptocurrencies or crypto assets held by an investment company, hedge fund, financial institution or individual. with popular Activision franchises like Call of Duty and Candy Crush while exploring the metaverse.
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Microsoft is making a multi-million dollar play for the metaverse after announcing the acquisition of video game development firmActivision Blizzard .
The technology giant agreed Tuesday to buy Activision the company behind famous games likeCall of Duty , World of Warcraft y Diablo , for an amount of USD $68.7 billion. This is the largest acquisition of Microsoft to date and would aim to boost the company’s video game business, as well as carve out a niche in the metaverse industry.
According to reports, the deal was conducted in cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. and is expected to close refers to the closing price; similar to the same term used in stock trading. by fiscal 2023.Microsoft paid a sum of $26 billion to acquire the company, which is LinkedIn in 2016, which had been until today the technology company’s largest acquisition in its 46-year history.
Microsoft has been looking to expand its video game business. Last year, the company acquired game manufacturer Bethesda for $7.5 billion.
Microsoft compra Activision its largest-ever agreement
The latest agreement ofMicrosoft sheds light on the long-term direction the company is taking. It’s also the company’s biggest deal in the gaming sphere and its first big step into the metaverse. Satya Nadella, CEO ofMicrosoftHe commented on the matter in a statement.
Games are the most dynamic and exciting entertainment category across all platforms today and will play a key role in the development of metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. platforms.
Once the deal is closed,Microsoft you can add a list of video games from Activision at your service Xbox Game Pass which currently has 25 million subscribers. Among the games, users of Game Pass will have access to popular franchises like Warcraft, Diablo, Call of Duty, Overwatch y Candy Crush .
“ At closing, we will offer as many Activision Blizzard games as we can on Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard’s incredible catalog. “Phil Spencer, CEO of games atMicrosoft.
We are joining the @Xbox family.
Learn what this means for our iconic games and player communities: https://t.co/abPxlb37kA pic.twitter.com/Z8sVgsjScz
— Activision Blizzard (@ATVI_AB) January 18, 2022
The deal could also ensure a tremendous success forMicrosoft within the sphere of video games and virtual worlds.Activision Blizzard has nearly 400 million monthly active players in 190 countries and $3 billion franchises.
The technology giant said in this regard that after closing the deal will allow it to become the “most important company in the world”. third-largest gaming company by revenue, behind Tencent and Sony “.Microsoft he added in the statement:
This acquisition will accelerate the growth of Microsoft’s games business across mobile devices, PCs, consoles and the cloud, and will provide building blocks for the metaverso.
Tech giant dabbles in the metaverse
The news comes in the midst of a months-long controversy over sexual harassment allegations against Activision . The video game company is currently going through a legal process in the United States for allegedly promoting a work culture of “the “I don’t know what I’m talking about. constant sexual harassment “. According to reports cited byThe Verge, about 40 employees have left the company since last July.
Microsoft has not addressed this issue and, according to reports, Bobby Kotick will continue as CEO of Activision momentarily. However, once the deal was done, Phil Spencer, the former head of gaming atMicrosoft and current CEO of Microsoft Gaming the direct person in charge of the business of Activision.
The company’s latest acquisition also comes at a time of heightened interest around the metaverse. The concept has become the latest hot topic among tech companies as they begin to explore building virtual worlds that will connect people in online spaces through technologies such as augmented reality (AR), tokens non-fungible (NFT) and more.
The effort could placeMicrosoft as a direct competitor of Meta (antes Facebook ), which was the first tech giant to announce plans for the metaverse. More recently, several companies, including Samsung , Nike y Disney have begun to explore the sector while video game companies such as Ubisoft y Square Enix also expand their virtual worlds.
“ When we think about our vision of what a metaverse might be, we believe that there will not be a single centralized a centralized organizational structure is one in which a single node or a small number of them are in control of an entire network. metaverse “ said the CEO ofMicrosoft this Tuesday during a call with shareholders that cited CNBC .
***This entry was edited to correct the purchase figure from USD $68.7 million to USD $68.7 billion.
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- Bank of America CEO: “The metaverse is where we’re going to use cryptocurrencies as currencies.”
Sources:The Verge , New York Times , CNBC
Article versioned by Hannah Estefania Perez / DiarioBitcoin
Image edited from Unsplash
