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Microsoft to buy game giant Activision Blizzard for $68B US

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Microsoft is buying the gaming company Activision Blizzard for $68.7 billion, gaining access to blockbuster games like Call of Duty and Candy Crush.

The all-cash deal will let Microsoft, maker of the Xbox gaming system, accelerate mobile gaming and provide building blocks for the metaverse, or a virtual environment.

The announcement Tuesday arrives with Activision still in turmoil over allegations of misconduct and unequal pay.

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Microsoft CEO Satya Nadella said in a conference call with investors that “the culture of our organization is my number one priority,” and that “it’s critical for Activision Blizzard to drive forward on its” commitments to

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This story was originally published on  CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/business/microsoft-activision-blizzard-1.6318780?cmp=rss.

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