Rajkotupdates.news : microsoft gaming company to buy activision blizzard for rs 5 lakh crore.Microsoft’s position in the gaming industry will be bolstered by this purchase, and the industry’s future may be altered as a result. This article will discuss the specifics of this purchase, the reasoning for it, and the possible effects it may have on the gaming industry.
Microsoft is a multinational technology firm that creates, licences, and distributes hardware, software, and electrical products. Microsoft’s rise to prominence and influence in the IT industry have made the company a household brand. Microsoft’s impact on the IT industry can’t be understated. The company’s Windows operating system has been the market leader for many years. Microsoft Office, a suite of powerful productivity tools, is widely used in both private and professional settings. Thanks to Microsoft Azure, cloud computing is now accessible to businesses of all sizes at a price that won’t break the bank.
Microsoft will continue to play a significant role in the IT industry for the foreseeable future as the company continues to develop and release new products. Activision Blizzard is being acquired by Microsoft Game Studios for a whopping Rs 5 lakh crore. If the purchase goes through, Microsoft will have made one of the most important acquisitions in the history of the game industry.
This is Microsoft’s 2nd largest purchase ever, and this alters the game business forever!
In a huge step, Microsoft has agreed to purchase Activision Blizzard, one of the largest gaming firms in the world.
Why is this crucial for Microsoft?
Keep reading to find out more..
Microsoft pays Rs 5 lakh crore for Activision Blizzard.
Microsoft has stated that they would be investing $68 billion or around Rs 5 lakh crore to purchase Activision Blizzard. This manner, Microsoft will be investing $95 per share (Rs 7000) to purchase this gaming powerhouse.
This is Microsoft’s second biggest acquisition after purchasing Linkedin for $26.2 billion (roughly Rs 2 lakh crore).
behind this purchase, Microsoft has overcome Nintendo to become the world’s 3rd largest gaming firm behind Tencent and Sony.
Activision Blizzard are the producers of famous games like Candy Crush, Call of Duty and Tony Hawk’s Pro Skate. However, in the previous few months, the corporation was engaged in litigating multiple lawsuits for inappropriate conduct of its personnel.
After the deal is done, the firm will report to Phil Spencer, who runs Microsoft’s Xbox division. Although Activision’s current CEO Bobby Kotick will continue in his post for this period, he will ultimately step down, as per certain rumours.
Why Is This Acquisition Important For Microsoft?
Microsoft has been quite active in extending their presence in the gaming business, and their latest purchase of Activision Blizzard is the final step in this attempt.
In 2014, Microsoft purchased Mojang for $2.5 billion. They were the developers of Minecraft. In 2021, they purchased Bethesda for $7.5 billion.
Besides, Microsoft also wants to battle against Meta (previously Facebook), and their ambitious intentions to develop their own metaverse. Microsoft surely wants a part of this pie.
Microsoft currently offers a very powerful augmented reality device called HoloLens, and with the purchase of Activision, we may see more pyrotechnics from Microsoft in this gaming and AR/VR segment.
Justification for the Buy
Microsoft Gaming Company is demonstrating its dedication to the gaming sector with this purchase. In the past, Microsoft Gaming Company has poured a lot of money into the gaming sector. Microsoft’s purchase of Activision Blizzard gives the company access to a pool of skilled programmers and artists that have created some of the most popular video game franchises in history.