Microsoft CEO Satya Nadella Confident About The Activision Deal
The $68.7 billion deal would be the gaming industry's biggest deal ever, if it goes as planned.
Microsoft CEO Satya Nadella is confident that the company’s deal with Call of Duty publishers, Activision Blizzard, will go smoothly after all.
“Of course, any acquisition of this size will go through scrutiny, but we feel very, very confident that we’ll come out,” Microsoft CEO said to Bloomberg Television.
The deal came under heavy scrutiny by regulators regarding anti-trust issues and the increasing consolidation of the gaming industry.
Satya also told Bloomberg that Microsoft is the third or fourth biggest gaming industry competitor and Sony is currently number one.
Some big names in the gaming industry, such as Watchdogs, have also shown concern that Microsoft’s acquisition of Activision would affect PlayStation’s competitiveness.
The UK’s Competition and Markets Authority also announced earlier this month that they’ve decided to opt for a longer review citing concerns regarding the deal between Microsoft and Activision, which could supposedly affect the competition of consoles in the market.
- Satya Nadella is confident that the deal will come out smoothly.
- Regulators are concerned about anti-trust issues and consolidation.
- The biggest deal in the gaming industry ever.
- Microsoft could become the third biggest gaming industry.
If the deal between Activision Blizzard and Microsoft goes smoothly, it will be the biggest one ever in the gaming industry. It will make Microsoft the third biggest company in the gaming industry.
As of now, the biggest deal in the gaming industry came earlier this year between Zynga Merger and Take-Two, which was worth about $12.7 billion.
Xbox makers, Microsoft has seen fairly fewer exclusives compared to their competitors. Fans are desperately expecting more good news from Microsoft and would love to hear about this deal going smoothly.
Thanks! Do share your feedback with us. ⚡
How could we improve this post? Please Help us. ✍