Miscrosoft Buys Activision Blizzard Worth USD $26 billion
Microsoft reportedly agreed to acquire the game company Activision Blizzard. The deal is estimated at $68.7 billion, or around Rp.988 trillion, far more than what was paid to acquire LinkedIn in 2016. It is known that when he took LinkedIn, the company foundED by Bill Gates only poured funds of USD 26 billion or reach IDR. 374 trillion.
The acquisition of Activision Blizzard is believe to a form of Microsoft’s seriousness to go deeper into the gaming industry. The company, which is headquarte in Redmond, USA, even claims to be the third largest gaming company base on revenue. They only lost to nTencent and Sony, after the deal closed. Microsoft plans to add a lot of Activision games to Xbox Game Pass. With the acquisition of Activision. Microsoft will soon publishing franchises like Warcraft, Diablo, Overwatch, Call of Duty, and Candy Crush.
“After closing, we’ll be offering as many Activision Blizzard games as possible on Xbox Game Pass and PC Game Pass, as well as new titles and games from Activision Blizzard’s incredible catalog,” said Microsoft games CEO Phil Spencer. 19/1).
Microsoft’s deal comes after news broke about claims of sexual harassment within the company’s Activision Blizzard. Last July, the California Department of Fair Employment and Housing (DFEH) sued Activision Blizzard for promoting a persistent culture of sexual harassment. Many employees have filed sexual misconduct allegations since then, and the company paid $18 million to the U.S. Equal Employment Opportunity Commission in September.
The settlement is being appeal, and reports indicate that nearly 40 Activision Blizzard employees have reportedly left the company since last July.
Microsoft did not specify exactly how it would approach the issue, and the company said Bobby Kotick will continue to serve as CEO of Activision Blizzard for now. However, it doesn’t look like Kotick will stay after the deal closes completely and after the transition to Microsoft. Spencer, previously head of gaming at Microsoft. Now CEO of Microsoft Gaming, and the company said Blizzard’s Activision business will report directly to Spencer. “As a company, Microsoft is commit to our journey for inclusion in every aspect of the game. Both among employees and players,” said Spencer.