Microsoft has made a new bid to buy Call of Duty-maker Activision Blizzard in the latest twist in the tale of what would be the biggest deal of its kind in the gaming industry.
Its original $69bn (£59bn) deal was blocked by UK regulators.
Microsoft’s president Brad Smith said the new offer was “substantially different” and should be approved.
Microsoft’s president Brad Smith said the new offer was “substantially different” and should be approved.
The offer, if approved, would end a tumultuous 18 months for Microsoft.
Since it announced plans to buy Activision Blizzard in January last year, the proposed merger has split regulators around the world, some of whom fear it could stifle choice for gamers.
The CMA will make a decision on Microsoft’s revised bid by 18 October – without its approval the deal cannot go ahead globally.
Microsoft hopes the merger will boost demand for its Xbox console and its gaming subscription business.
Under the new offer Microsoft has agreed to transfer the rights to stream Activision games from the cloud to Ubisoft, a video games publisher, for 15 years.
Microsoft has made a new bid to buy Call of Duty-maker Activision Blizzard in the latest twist in the tale of what would be the biggest deal of its kind in the gaming industry.
Microsoft’s president Brad Smith said the new offer was “substantially different” and should be approved.
Its original $69bn (£59bn) deal was blocked by UK regulators.
The offer, if approved, would end a tumultuous 18 months for Microsoft.
Microsoft’s president Brad Smith said the new offer was “substantially different” and should be approved.
Microsoft’s president Brad Smith said the new offer was “substantially different” and should be approved.
The offer, if approved, would end a tumultuous 18 months for Microsoft.
Since it announced plans to buy Activision Blizzard in January last year, the proposed merger has split regulators around the world, some of whom fear it could stifle choice for gamers.
The CMA will make a decision on Microsoft’s revised bid by 18 October – without its approval the deal cannot go ahead globally.
Microsoft hopes the merger will boost demand for its Xbox console and its gaming subscription business.
Under the new offer Microsoft has agreed to transfer the rights to stream Activision games from the cloud to Ubisoft, a video games publisher, for 15 years.
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