Microsoft has made their biggest purchase ever.
In the midst of Activision Blizzard’s decline, the company’s future looked very murky. Many media and important people in the industry announced a possible bankruptcy of the company in the not too distant future due to the number of problems piling up in recent years.
Microsoft has not taken long to make a post on their news website where they have confirmed the purchase of Activision, Blizzard, King, and all the companies of the group for $68.7 billion. It is a crazy amount of money if we compare it with the MCU deal that has generated just over $25 billion.
Xbox welcomes big franchises
Major franchises such as Call of Duty, Diablo, Overwatch, Candy Crush, Warcraft, StarCraft, and even Crash Bandicoot, are some of those that will now be part of the Xbox Game Studios line-up.
Not only will we see the arrival of these franchises on Xbox Game Pass, but future titles that were in development such as Diablo 4, future installments of Call of Duty, or even Overwatch 2 will be under the supervision of Xbox Game Studios.
Kotick will remain CEO… for now
Structurally, this purchase will increase the total number of Microsoft employees to almost 10,000 new people who are part of the studios that these companies have around the world. One of them is Bobby Kotick, CEO of Activision, who has confirmed that he will keep his position in the company despite the recent controversy over cases of sexual harassment in the workplace.
Although his stay will only be assured for this year, since the purchase is not effective until June 2023, we’re betting that Kotick will most likely get a golden parachute and retire from the industry.
The purchase of Activision Blizzard leaves a lot of questions. Will any of these legendary game franchises become Xbox exclusives? Will Microsoft continue to support existing games on PlayStation and Nintendo consoles? How much of the library will get incorporated into Game Pass? Will regulators even approve the deal?
Many of these details will likely go unanswered for a while. But one thing is for sure: the industry just changed overnight. It’s even bigger news than Microsoft’s purchase of Bethesda and Minecraft creator Mojang.