Acquirer: Microsoft
Headquarters: California, USA
Date: January 18th, 2022
Valuation: $68.7 billion
American online game holding comapny Activision Blizzard was first based in 2008, following a merger between Activision and Vivendi Video games.
For the reason that merger, Activision Blizzard has continued to increase its portfolio of colossal franchises, together with Name of Obligation, World of Warcraft, Overwatch, Diablo, Crash Bandicoot, Spyro the Dragon, and extra.
As seen on this listing because the fifth largest acquisition of all time, Activision Blizzard acquired King in 2016, offering the agency with a powerful grasp of the cell video games business with titles akin to Sweet Crush Saga and its subsequent comply with up video games.
Simply because the mud was starting to settle from the prior acquisition on the listing, Microsoft revealed that it had entered an settlement to accumulate Activision Blizzard for $68.7 billion, making it the most important video video games acquisition of all time. The tech big paid a premium of 69 per cent per share over the agency’s closing value the day earlier than.
In an analogous transfer to Take-Two’s acquisition of Zynga, Microsoft are hoping that by way of its acquistion of Activision Blizzard will probably be in a position to increase its attain into “mobile-first” communities, an space that it has beforehand didn’t efficiently faucet into.
The previous decade has seen Microsoft make key acquisitions, akin to Mojang Studios and ZeniMax Media (each on this listing), however its buy of Activision Blizzard shadows all different online game acquisitions thus far. Whether or not this has set a precedent for bigger video games business acquisitions sooner or later, solely time can inform.
Earlier this yr, Activision Blizzard launched Diablo Immortal, which shortly proved to be an enormous hit, incomes a milestone $100 million inside two months of launch.
The acquisition has nonetheless but to be closed, nevertheless final month Saudi Arabia turned the primary nation to approve the deal, with Brazil following in October. Nonetheless, the UK have known as for a assessment of the acquisition, and Sony CEO Jim Ryan has allegedly requested the EU to research the acquisition with claims that the the deal might have an effect on PlayStaion customers’ entry to the favored Name of Obligation franchise.