Categories: Business

Microsoft inks licensing deal with cloud gaming provider Boosteroid

Microsoft strikes a deal to make Xbox PC video games available on the Boosteroid cloud gaming platform, its latest move to appease antitrust regulators scrutinising its purchase of game maker Activision Blizzard.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

More About The Microsoft’s deal with Boosteroid:

The US tech giant said the 10-year agreement would also include Activision Blizzard titles like the popular Call of Duty franchise if or when the acquisition gets approved.

Significance of this deal:

Microsoft aims to boost its firepower in the booming videogaming market against leaders Tencent and Sony, and lay the base for its investment in metaverse.

Also, Microsoft has been announcing new partnerships as it tries to persuade regulators in the U.S. and Europe to allow the $69 billion all-cash transaction to go through.

Microsoft and Boosteroid:

Ukraine-based Boosteroid’s access to Call of Duty is conditional on regulatory approval for the Activision deal. The agreement will also bring Microsoft’s Xbox PC games to Boosteroid’s cloud gaming platform.

Microsoft’s Push towards bigger deal:

Microsoft has similar licensing deals with Nvidia, Nintendo and U.S. distributor Valve Corp, owner of the world’s largest video game distribution platform, Steam.

EU antitrust regulators are expected to approve Microsoft’s takeover of Activision conditional on such licensing deals. The UK watchdog however could be more difficult to convince.

In addition to Ukraine, Boosteroid also has gamers in the United States, the United Kingdom and EU countries.

Also Read:

Find More Business News Here

 

 

Piyush Shukla

Recent Posts

Which Indian District is Known as the City of Apparel? Know the Name

India is a land full of different cities, each with its own special name and…

35 mins ago

Why Is International Yoga Day Celebrated on 21st June?

International Yoga Day, observed annually on June 21, celebrates the ancient Indian practice of yoga…

1 hour ago

Which Indian State/ Union Territory is known as the Rose Garden of India?

India is a land full of wonderful cities, each with its own special name and…

2 hours ago

TCS Joins Hands with CEB to Streamline Financial Operations

Tata Consultancy Services (TCS) has partnered with the Council of Europe Development Bank (CEB), headquartered…

3 hours ago

Russell Claims Victory in Canada as McLaren Duo Norris & Piastri Collide

In a dramatic turn of events at the 2025 Canadian Grand Prix, Mercedes driver George…

3 hours ago

Ankita Raina Clinches 32nd Doubles Title with Alice Robbe at Guimaraes ITF

Indian tennis ace Ankita Raina partnered with France’s Alice Robbe to claim the doubles title…

3 hours ago