If you are a gamer, then you might not be ready for this news but here is the biggest update for you. Do you know? According to rajkotupdates.news: Microsoft gaming company to buy Activision blizzard for rs 5 lakh crore. This is the acquisition that has sent shockwaves to the whole of the gaming industry and all the gamers are in excitement at present. This is the article that would help you in having detailed information about the massive deal that could reshape the world of gaming as we know it.
So, get ready to level your knowledge up. Let’s start:
What is Microsoft Gaming Company?
Microsoft Gaming Company, also known as Xbox Game Studios, is a division of Microsoft that develops and publishes video games. The company has a long history of producing popular gaming franchises, including Halo, Forza Motorsport, Gears of War, and Minecraft. Xbox Game Studios also publishes games developed by other studios, and it has partnerships with various developers and publishers to create exclusive titles for the Xbox platform.
In addition to game development, Microsoft Gaming Company also produces gaming hardware, such as the Xbox gaming console, as well as related accessories and services like Xbox Live and Game Pass.
How The Microsoft Gaming Company is planning to make money from Activation Blizzard?
The company has indents that it will be purchasing Activision Blizzard for a whopping Rs. 72,9 billion in cash and stock. This is the move that has been taken by the company because they think that it would help them to gain a foothold in the rapidly growing video game market. You would feel good to know that Activation Blizzard is one of the biggest video game franchises, including Call of Duty, Warcraft, and World of Warcraft. So, to have a strong position in the lucrative console gaming market, Microsoft company has planned for this activation.
However, it is important to know that the purchase is subject to regulatory approval and will most probably get completed by this year.
What are the consequences of this deal?
There are concerns that this acquisition could stifle innovation in the gaming industry and reduce competition among developers. Microsoft’s dominance in the market could make it harder for smaller developers to compete, which could have negative consequences for both the industry and consumers.
It will also be interesting to see how Microsoft manages its new portfolio of games and franchises after the acquisition. There may be some challenges involved in integrating these new properties into Microsoft’s existing gaming ecosystem, and it remains to be seen how successful the company will be in doing so. So, these can be the consequences.
What will be the future of gaming?
As every one of you knows that video gaming has been a popularpastime in the world. Millions of people from all over the world love to play video games and this is why the Microsoft gaming company has decided to buy Activision Blizzard for Rs. lakh crore ($129 billion). This move is definitely going to create Microsoft one of the biggest game companies in the world and will also help them to take on Sony and Nintendo.
To conclude, the Microsoft Corporation announced this deal on January 18, 2022, that it had entered into a definitive agreement to acquire Activision Blizzard in a cash-and-stock deal valued at $52.4 billion. The acquisition is still subject to regulatory approval and other customary closing conditions. So, get ready for it.