Microsoft Corp. is set to acquire game making company, Activision Blizzard Inc., in an all-cash transaction for $68.7 billion. ($95.00 per share). This acquisition will boost the competitiveness of Microsoft in the mobile gaming business and virtual-reality technology, across mobile, PC, console and cloud and will provide building blocks for the metaverse.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Activision Blizzard is famous as the maker of Candy Crush and Call of Duty, Xbox, among other leading video games. Upon the completion of the deal, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. This is the biggest deal ever by Microsoft and also the largest-ever deal in the history of the gaming industry.
Important takeaways for all competitive exams:
Goa Liberation Day 2025 is observed on 19 December across the state of Goa with…
Honorable Prime Minister Narendra Modi has been conferred Oman’s highest national honour which is The…
A historic moment for India’s armed forces 23 year old Sai Jadhav has become the…
India and Saudi Arabia have taken another significant step to deepen their growing strategic relationship…
India’s ride hailing market is set to witness a significant shift with the upcoming rollout…
Significant boost to India’s defense logistics and operational readiness, the Indian Army has successfully inducted…