UBSFF - Activision CEO's Exit Xbox's New Era: The Gaming World Reacts To Microsoft's $69B Deal | Benzinga
As Microsoft Corp.'s (NASDAQ: MSFT) monumental acquisition of Activision Blizzard Inc (NASDAQ: ATVI) sends shockwaves throughout the gaming industry, its community, industry experts and stakeholders have voiced myriad reactions.
The $69 billion buyout, which includes popular franchises like Call of Duty, World of Warcraft and Overwatch, is a game-changing move that promises to reshape the landscape of interactive entertainment.
See Also: End Of An Era: Activision Blizzard CEO Bobby Kotick Confirms Exit After Microsoft Deal
Let's dive into the wide range of reactions from the gaming world to see what this mega-merger means for the industry.
Satya Nadella, chairman and CEO of Microsoft, took to X (formerly known as Twitter) to celebrate the fact the UK's Competition and Markets Authority (CMA) approved the deal after it was restructured to sell Activision's streaming rights to Ubisoft Entertainment SA (OTC: UBSFF).
"Today is a great day for gamers everywhere. Together with Activision Blizzard, we will deliver on our vision to help people connect and play great games wherever, whenever, and however they want," Nadella wrote.
Today is a great day for gamers everywhere. Together with Activision Blizzard, we will deliver on our vision to help people connect and play great games wherever, whenever, and however they want. https://t.co/NIpF6yz2a9
— Satya Nadella (@satyanadella) October 13, 2023
Meanwhile, Phil Spencer, CEO of Microsoft Gaming and head of Xbox, expressed: "Today is a good day to play. We officially welcome Activision Blizzard King to Team Xbox. Together, we’ll create stories and experiences that bring players together, in a culture empowering everyone to do their best work and celebrate diverse perspectives."
Today is a good day to play. We officially welcome Activision Blizzard King to Team Xbox. Together, we’ll create stories and experiences that bring players together, in a culture empowering everyone to do their best work and celebrate diverse perspectives. https://t.co/KBCESknYYh https://t.co/jTHOeH48Wx
— Phil Spencer (@XboxP3) October 13, 2023
For his part, Microsoft's ...