eSports

Microsoft’s Acquisition Of Activision Blizzard Biggest Video Game Purchase In History ($69bn)

Published

3 years ago

December 23, 2022

Zoltan Tundik

Reading Time: 2 minutes

Data Analyst’s at Best Sport Betting Canada have sourced data from Statista compiling a list of the Top 10 video game industry acquisitions in history.

For full data, visit: https://bestsportsbettingcanada.ca/blog/2022/12/22/microsofts-acquisition-of-activision-blizzard-biggest-video-game-purchase-in-history/

If you would like to use the data in this release, you must credit and link back to https://bestsportsbettingcanada.ca/

Microsoft Acquire Activision Blizzard For $69bn

Activision Blizzard, the company behind popular video game titles such as the Call of Duty series, Candy Crush and World of Warcraft, are the subject of a monumental takeover bid by Microsoft worth $68.7bn.

The purchase would not only be the biggest in the tech corporation’s history, but it would also be five times as valuable as the next largest video game acquisition, which occurred earlier this year following Take-Two Interactive’s deal to buy Zynga.

Microsoft Shares Down 20% Since Bid To Acquire Activision Blizzard

Since making the bid to acquire Activision, Microsoft shares are trading at $241 a share, which presents a 20% downfall since January of 2022.

However, it certainly isn’t all doom and gloom for the tech conglomerate, with Activision Blizzard experiencing a sizable boost in shares with the price up by 19% within the same period; shares are currently trading at $76.

Despite this, around Thanksgiving when then the US stock markets closed, Activison shares dropped as far as 6% following a report watchdogs will attempt to block the deal.

Related Topics:Activision Blizzard Microsoft

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Zoltan Tundik

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.