Microsoft acquires video game developer Activision Blizzard for $69 billion

Microsoft acquires video game developer Activision Blizzard for $69 billion

“This acquisition will accelerate Microsoft’s growth in the mobile, PC, console, and cloud gaming segments, and provide the foundation for the company’s hyper-world,” Microsoft said in a statement.

California-based Activision Blizzard has faced a series of protests and layoffs. It also sued her, alleging that the company allowed the creation of toxic working conditions and that the workers faced sexual harassment.

The company has received about 700 reports of sexual assault, harassment or other abuse in the past seven months, and in some cases several separate reports of the same incident, according to the Wall Street Journal.

Nearly 20 per cent. 9.5 thousand. Activision Blizzard employees have signed a petition urging CEO Bobby Kotick to resign.

The merger with Activision Blizzard would allow Microsoft to become the third largest video game developer, second only to Tencent and Sony.

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