Microsoft CEO “very confident” Activision Blizzard acquisition will be approved

As Microsoft starts to feel more heat from regulatory bodies over its $69bn acquisition of Activision Blizzard, CEO Satya Nadella has said he’s “very confident” the deal will go through.

Governmental scrutiny of Microsoft’s acquisition has grown in recent weeks, with the UK’s Competition and Markets Authority announcing it was moving to a more in-depth “phase 2” of its investigation, having determined the acquisition would give rise to the “realistic prospect of a substantial lessening of competition in gaming consoles, multi-game subscription services, and cloud gaming services.”

Sony, too, has grown increasingly vocal over the proposed deal, particularly as it pertains to potential console exclusivity around the likes of Call of Duty. Early this month, for instance, PlayStation head Jim Ryan called Microsoft’s reassurances that the hugely popular shooter would remain on PS5 post-acquisition “inadequate”.

Read more

Leave a Comment