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Microsoft plans to acquire Activision Blizzard for US$68.7 billion

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Microsoft plans to acquire Activision Blizzard for US$68.7 billion

Metaverse is really something everyone (I meant the giant companies) is trying to be dominant in. Whether it’s Facebook which even changed its name to Meta and now, latest news about Microsoft acquiring a company in order to have a jump into the metaverse scene. The acquisition is a US$68.7 billion deal…

Article in edition.cnn.com Microsoft announced that it will acquire Activision Blizzard in a $68.7 billion deal. Activision Blizzard is the the video game company behind blockbuster hits like “Warcraft,” “Overwatch” and “Call of Duty.”

Microsoft says that this acquisition will make the company the third-largest gaming company by revenue, after Tencent and Sony. CEO of Activision Blizzard, Bobby Kotick will continue in his role. This deal is pending regulatory review and the deal is set to close in 2023. The acquisition would boost Xbox-maker Microsoft’s Game Pass portfolio with the addition of Activision Blizzard games and the nearly 400 million monthly active players that come with them. Please do read the full article here: Article in edition.cnn.com

I have only played Warcraft

When I was way younger than today, I could play Warcraft for many hours non-stop. I thought it’s a pretty good game. These days, due to work commitments I am no longer playing. However, with internet, it also meant that access and appeal of games are now much more international than previously. Just look at the prizes on offer for gamers and we know that it’s super popular.

Moving forward, no one knows for sure how metaverse will work out or become. Perhaps one of these big names could become dominant in the metaverse world? Or maybe metaverse will have a few big players and one could choose to be in all of them or just into one?

Truth is, there’s no such thing as one choice which is best for everyone. What will however happen is that there may just be one dominant choice because everyone wants to be where the action is. No one wants to be in a metaverse which no one in the whole class is talking about… right? All the best to all these players moving into the metaverse world. Nope, I do not own any property in metaverse at the moment. Cheers.

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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