Microsoft One Step Closer To Buying Activision Blizzard
Microsoft’s bid to buy games-maker Activision Blizzard – maker of Call of Duty – received a boost after a U.S. judge rejected a request from regulators to block the $69 billion deal.
Microsoft and Activision Blizzard have successfully blocked an attempt by U.S. regulators to reject a deal that would see the former buy the latter for $69 billion.
The tech giant’s merger with the Call of Duty maker would be the biggest deal in gaming industry history.
However, for the deal to proceed, Microsoft and Activision need approval from the UK, EU, and United States regulatory bodies.
The EU has approved. The likelihood of success in the U.S. has now been greatly improved. However, UK regulators blocked the deal in April, citing concerns it would constrict innovation and give gamers less choice in the expanding cloud gaming market.
Microsoft is appealing the ruling.