Microsoft has just announced that they have purchased video game studio Activision Blizzard for nearly $70 billion US dollars. You can check out the full official statement from Microsoft
here.
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This news comes after many calls over the past several months for former Activision CEO Bobby Kotick to step down, following
several investigations into the company which concluded that sexual abuse and other mistreatments of workers had happened for years under his watch. Following today's acquisition, Microsoft
has stated that Phil Spencer will be referred to as CEO.
EDIT:
Bobby Kotick will still remain Activision CEO after this acquisition. Whether he holds this is a permanent or temporary position remains to be seen.
Activision owns the rights to several big name game IPs. These series include, but are not limited to:
- Call of Duty
- Overwatch
Crash Bandicoot
Spyro the Dragon
Diablo
World of Warcraft
Needless to say there is a lot to take in from today's news, both in regards to the future of these series as well as the future for Activision and its employees as a whole.
Credits
Editing:
Sari
Social Media: @Zerp
Author's Note: How do you feel about this recent news? Let us know in the comments below!