Wednesday, October 29, 2025
24*7 News World
  • Home
  • World
    IBM Corporation logo. (PRNewsfoto/IBM)

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    Caption : Eurostar Celestia train arriving in London St Pancras. CGI picture. Colours and livery not final. ©ALSTOM SA ©SPEEDINNOV SAS 2025. Advanced & Creative Design | Avelia Horizon™.

    “We’re particularly proud to bring double-decker trains to the UK for the very first time.”- Gwendoline Cazenave, CEO, Eurostar

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Ministry of Steel to hold Open House on Steel Import Issues on 27th October

    DHL Express India Lights up Diwali with up to 60 Percent off for International and Domestic Shipments

    Government of Botswana and De Beers Group announce first cohort of graduates for International Graduate Development Programme

  • National
    • All
    • Economy & Politics
    • Election

    “Work more efficiently in your career” – Chief Minister Siddaramaiah

    Justice Smt.Tara Vitasta Ganju Sworn-In As Judge of Karnataka High Court

    “There is an urgent need to declare the month of November as “Children’s Month”- Dr. Thippeswamy K.T.

    Rashtriya Ekta Diwas to commemorate the birth anniversary of the Iron Man of India, Sardar Vallabhbhai Patel, is celebrated every year on 31st October

    NITI Aayog National Workshop on Purified Water Reuse in Bengaluru on November 6th & 7th -Hosted by Bangalore Water Supply and Sewerage Board

    Hyatt Hotels Logo

    Hyatt Launches a New World of Hyatt Campaign in India with Bollywood Actor Karisma Kapoor

  • Business
    Georges Elhedery
Group CEO
PHOTO CREDIT-HSBC

    “We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

    Maritime India

    India Maritime Week 2025 Set to Launch in Mumbai: World’s Largest Maritime Gathering Begins 27th October

  • Health

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Cautious Deepavali – Take Care of Your Eyes – Play Safe

    FDA approves Roche’s Gazyva/Gazyvaro for the treatment of lupus nephritis

    Fiji becomes the 26th country to eliminate trachoma as a public health problem

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

    Happiest Health Logo

    Happiest Health launches Happiest Ayurveda clinic in Jayanagar, Bengaluru.

  • Technology
    • All
    • Environment
    • Science
    IBM Corporation logo. (PRNewsfoto/IBM)

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    Building a Viksit Bharat with 6G

    ISRO organised Curtain Raiser on ESTIC 2025

    India Must Harness AI as a Force for Social Good to Drive Inclusive and Transformative Growth: S. Krishnan, Secretary, MeitY

    Fable Fintech’s new platform to transform operations of 500 exchange houses globally

    PSA Prof. Ajay Kumar Sood launched ‘AI Playbooks for Agriculture and SMEs’ and ‘AI Sandbox White Paper’ to accelerate Responsible AI Adoption across India

  • Auto

    Bolt.Earth and Atul Greentech Private Limited to Launch Nationwide Home Charging Program, Redefining EV Ownership in India

    Renault Group 2025 Q3 revenue up +6.8%  2025 financial outlook confirmed

    Cosmic Logo

    Cosmic Solar Becomes the First Solar Company to Gift Cars and 2-Wheelers to Its Employees This Diwali

    Electric Car Insurance Trends

  • Sports

    #GoRedforDyslexia Campaign goes global to mark the Dyslexia Awareness Month

    PVL 2025: Stage set for epic clash as Mumbai Meteors and Bengaluru Torpedoes gear up for grand finale showdown

    Call for Nominations: Rotary Bangalore Abilities Brings Back the ‘Unsung Hero Awards’ for a 7th Year

    India A squad for four-day matches against South Africa A announced

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    Jockey Expands Women’s Innerwear Category with the Launch of New Collection as part of ‘Designed to Disappear’ Campaign

    Special Train from Bengaluru to Visakhapatnam for Deepavali

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Founders addressing the media with Sonu Nigam

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

    Jockey India marks a milestone — 1500th Exclusive Brand Store in India

    Jockey Marks Retail Milestone with Launch of 1500th Exclusive Brand store in India

No Result
View All Result
24*7 News World
  • Home
  • World
    IBM Corporation logo. (PRNewsfoto/IBM)

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    Caption : Eurostar Celestia train arriving in London St Pancras. CGI picture. Colours and livery not final. ©ALSTOM SA ©SPEEDINNOV SAS 2025. Advanced & Creative Design | Avelia Horizon™.

    “We’re particularly proud to bring double-decker trains to the UK for the very first time.”- Gwendoline Cazenave, CEO, Eurostar

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Ministry of Steel to hold Open House on Steel Import Issues on 27th October

    DHL Express India Lights up Diwali with up to 60 Percent off for International and Domestic Shipments

    Government of Botswana and De Beers Group announce first cohort of graduates for International Graduate Development Programme

  • National
    • All
    • Economy & Politics
    • Election

    “Work more efficiently in your career” – Chief Minister Siddaramaiah

    Justice Smt.Tara Vitasta Ganju Sworn-In As Judge of Karnataka High Court

    “There is an urgent need to declare the month of November as “Children’s Month”- Dr. Thippeswamy K.T.

    Rashtriya Ekta Diwas to commemorate the birth anniversary of the Iron Man of India, Sardar Vallabhbhai Patel, is celebrated every year on 31st October

    NITI Aayog National Workshop on Purified Water Reuse in Bengaluru on November 6th & 7th -Hosted by Bangalore Water Supply and Sewerage Board

    Hyatt Hotels Logo

    Hyatt Launches a New World of Hyatt Campaign in India with Bollywood Actor Karisma Kapoor

  • Business
    Georges Elhedery
Group CEO
PHOTO CREDIT-HSBC

    “We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

    Maritime India

    India Maritime Week 2025 Set to Launch in Mumbai: World’s Largest Maritime Gathering Begins 27th October

  • Health

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Cautious Deepavali – Take Care of Your Eyes – Play Safe

    FDA approves Roche’s Gazyva/Gazyvaro for the treatment of lupus nephritis

    Fiji becomes the 26th country to eliminate trachoma as a public health problem

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

    Happiest Health Logo

    Happiest Health launches Happiest Ayurveda clinic in Jayanagar, Bengaluru.

  • Technology
    • All
    • Environment
    • Science
    IBM Corporation logo. (PRNewsfoto/IBM)

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    Building a Viksit Bharat with 6G

    ISRO organised Curtain Raiser on ESTIC 2025

    India Must Harness AI as a Force for Social Good to Drive Inclusive and Transformative Growth: S. Krishnan, Secretary, MeitY

    Fable Fintech’s new platform to transform operations of 500 exchange houses globally

    PSA Prof. Ajay Kumar Sood launched ‘AI Playbooks for Agriculture and SMEs’ and ‘AI Sandbox White Paper’ to accelerate Responsible AI Adoption across India

  • Auto

    Bolt.Earth and Atul Greentech Private Limited to Launch Nationwide Home Charging Program, Redefining EV Ownership in India

    Renault Group 2025 Q3 revenue up +6.8%  2025 financial outlook confirmed

    Cosmic Logo

    Cosmic Solar Becomes the First Solar Company to Gift Cars and 2-Wheelers to Its Employees This Diwali

    Electric Car Insurance Trends

  • Sports

    #GoRedforDyslexia Campaign goes global to mark the Dyslexia Awareness Month

    PVL 2025: Stage set for epic clash as Mumbai Meteors and Bengaluru Torpedoes gear up for grand finale showdown

    Call for Nominations: Rotary Bangalore Abilities Brings Back the ‘Unsung Hero Awards’ for a 7th Year

    India A squad for four-day matches against South Africa A announced

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    Jockey Expands Women’s Innerwear Category with the Launch of New Collection as part of ‘Designed to Disappear’ Campaign

    Special Train from Bengaluru to Visakhapatnam for Deepavali

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Founders addressing the media with Sonu Nigam

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

    Jockey India marks a milestone — 1500th Exclusive Brand Store in India

    Jockey Marks Retail Milestone with Launch of 1500th Exclusive Brand store in India

No Result
View All Result
24*7 News World
No Result
View All Result
Home Business

Microsoft to acquire Activision Blizzard to bring the joy and community of gaming to everyone, across every device

FWM by FWM
January 18, 2022
in Business
0

January 18, 2022

Legendary games, immersive interactive entertainment and publishing expertise accelerate growth in Microsoft’s Gaming business across mobile, PC, console and cloud.

Artwork from game titles
Microsoft announced plans to acquire Activision Blizzard, a leader in game development and an interactive entertainment content publisher. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush.”

REDMOND, Wash. and Santa Monica, Calif. – Jan. 18, 2022 – With three billion people actively playing games today, and fueled by a new generation steeped in the joys of interactive entertainment, gaming is now the largest and fastest-growing form of entertainment. Today, Microsoft Corp. (Nasdaq: MSFT) announced plans to acquire Activision Blizzard Inc. (Nasdaq: ATVI), a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.

Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.

Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.

ADVERTISEMENT

“Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” said Satya Nadella, chairman and CEO, Microsoft. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all.”

“Players everywhere love Activision Blizzard games, and we believe the creative teams have their best work in front of them,” said Phil Spencer, CEO, Microsoft Gaming. “Together we will build a future where people can play the games they want, virtually anywhere they want.”

“For more than 30 years our incredibly talented teams have created some of the most successful games,” said Bobby Kotick, CEO, Activision Blizzard. “The combination of Activision Blizzard’s world-class talent and extraordinary franchises with Microsoft’s technology, distribution, access to talent, ambitious vision and shared commitment to gaming and inclusion will help ensure our continued success in an increasingly competitive industry.”

Mobile is the largest segment in gaming, with nearly 95% of all players globally enjoying games on mobile. Through great teams and great technology, Microsoft and Activision Blizzard will empower players to enjoy the most-immersive franchises, like “Halo” and “Warcraft,” virtually anywhere they want. And with games like “Candy Crush,” Activision Blizzard´s mobile business represents a significant presence and opportunity for Microsoft in this fast-growing segment.

The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.

The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.

Tags: “Warcraft” “Call of Duty” and “Candy Crush.”” “Diablo” “Overwatch
FWM

FWM

Related Posts

Georges Elhedery
Group CEO
PHOTO CREDIT-HSBC
Business

“We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

by FWM
October 28, 2025
Business

Maritime India

by FWM
October 26, 2025
Business

India Maritime Week 2025 Set to Launch in Mumbai: World’s Largest Maritime Gathering Begins 27th October

by FWM
October 26, 2025
Business

ORKLA INDIA LIMITED IPO TO OPEN ON WEDNESDAY 29 OCTOBER 2025

by FWM
October 26, 2025
Business

PNB Offers Online PPF Account Opening Through a seamless Do-it- Yourself (DIY) Journey

by FWM
October 25, 2025

Stay Connected

Georges Elhedery
Group CEO
PHOTO CREDIT-HSBC

“We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

October 28, 2025

“Work more efficiently in your career” – Chief Minister Siddaramaiah

October 29, 2025

Justice Smt.Tara Vitasta Ganju Sworn-In As Judge of Karnataka High Court

October 28, 2025

Recent News

Georges Elhedery
Group CEO
PHOTO CREDIT-HSBC

“We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

October 28, 2025

“Work more efficiently in your career” – Chief Minister Siddaramaiah

October 29, 2025

Justice Smt.Tara Vitasta Ganju Sworn-In As Judge of Karnataka High Court

October 28, 2025
IBM Corporation logo. (PRNewsfoto/IBM)

IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

October 28, 2025
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Go to mobile version