Microsoft Buys Activision Blizzard !?! Microsoft is acquiring Activision, the troubled publisher of Call of Duty, World of Warcraft, and Diablo. Hear Paul, Mo, and Seth's take on the acquisition whether it will happen and what MSFT stock and ATVI stock could look like after the deal is done.
The deal will value Activision at $68.7 billion. It’s Microsoft’s biggest push into gaming, and the company says it will be the “third-largest gaming company by revenue, behind Tencent and Sony” once the deal closes.$Activision Blizzard(ATVI)$$Microsoft(MSFT)$
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Great buy for $Microsoft(MSFT)$ as they get access to a fantastic back catalog of hit games and costs considerably less than trying to build it on their own. Should add considerably to the bottom line
It's exciting times for Microsoft and Activision. Microsoft is now very much into gaming business with the acquisition of Activision! Activision shareholders also benefit from the deal too.
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