Microsoft’s CEO has said the company feels “safe” about acquiring Activision Blizzard, despite UK government concerns.
In an interview with Bloomberg (opens in a new tab), Microsoft CEO Satya Nadella expressed optimism about the completion of the Activision Blizzard acquisition. “Of course, any acquisition of this size will come under scrutiny, but we feel very, very confident that we will pull through,” Nadella said.
As we reported earlier this month, the UK Competition and Markets Authority shared your concerns about buying Activision Blizzard from Microsoft. According to the CMA, it is “concerned that if Microsoft buys Activision Blizzard it could harm rivals, including recent and future game entrants, by denying them access to Activision Blizzard games or giving them access on much worse terms.”
In the same interview, Nadella said that Microsoft is the fourth or fifth competitor in the video game industry, with Sony Group Corp, which has also made a series of recent acquisitions, taking the top spot. “So if this is about competition, let’s have competition,” Nadella said. Recently Sony argued that the deal with Microsoft Activision would have “significant negative implications for gamers”.“, adding that it “welcomes the announcement” of the CMA investigation.
If news of Microsoft’s Activision deal is new to you, here’s what you’ve missed. As announced in January 2022, Microsoft has bought Activision Blizzard for almost 70,000 million dollars. What this means is that Activision, Blizzard, and all the companies under that umbrella (eg King, Infinity Ward, Toys for Bob, and more) will be owned by Microsoft and Xbox — that is, if the deal actually goes through. What that means for Xbox exclusivity going forward remains to be seen, but there has been some back and forth between PlayStation and Xbox over Call of Duty.
Speaking of Microsoft, find out what games we have to look forward to in the near future with our upcoming xbox series x games ready.