Activision Blizzard’s stock price has increased by one and a half times.
Activision Blizzard, which owns the development of the cult games World of Warcraft, Diablo and Call of Duty, will join Microsoft.
The purchase will cost $ 68.7 billion, and the deal will come into force no earlier than 2023.
For Microsoft, this means that it will enter the Top 3 largest market players, becoming the third largest in terms of revenue from the sale of games. Recall that the first positions were given to the giants of the video game industry, Tencent and Sony.
According to RIA Novosti, each paper of the company will cost the buyer $ 95.
In return, Microsoft will get the rights to franchises. These include Starcraft, Overwatch and Candy Crush.
Microsoft will also be engaged in Major League Gaming esports competitions, and all Blizzard games will be available to subscribers of the Game Pass service, which the multinational corporation releases for PC and Xbox.
As Topnews previously reported, Activision Blizzard recently found itself in the center of a network scandal when users became aware of several hundred complaints from company employees.
A significant part of them complained about sexual harassment at work, as well as violations in the remuneration system.
The company said that several dozen employees were fired, and 44 also received official warnings.