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What it’s crucial that you know
Microsoft is one massive step closer to purchasing Activision Blizzard.
The decision followsMicrosoft restructuring its dealto sell the cloud streaming rights of Activision Blizzard titles to Ubisoft.
Microsoft restructured its deal to purchase Activision Blizzard in order to appease the UK’s Competition and Markets Agency.
That change, along with other proposals, was enough to sway the CMA, at least provisionally.
Today’s decision isnotapproval of the deal.
The CMA is, however, content with Microsoft’s proposed changes.
Microsoft restructured its deal to purchase Activision Blizzard in order to appease the UK’s Competition and Markets Agency.
A final decision is expected by October 18, 2023.
Apost on gov.ukexplains the decision.
“We are encouraged by this positive development in the CMAs review process,” said Smith.
Activision Blizzard CEO Bobby Kotick shared an email with employees that has also beenposted online by Activision Blizzard.
“This is a significant milestone for the merger and a testament to our solutions-oriented work with regulators.
Sarah Cardell, the CEO of the CMA, also weighed in.
