Microsoft Gaming to Layoff Nearly 650 Employees
The unfortunate move follows a previous wave of staff cuts earlier this year, after the newly acquired Activision Blizzard division sought to reduce “areas of overlap.”
Tagged With: Microsoft Gaming
It’s a Done Deal - Microsoft’s Activision Blizzard Purchase Approved
Two years after it was first announced, the U.K.’s Competition and Markets Authority (CMA) finally approves the nearly $70 billion acquisition, the largest ever in the gaming industry.
Is the CMA Set to Approve Microsoft’s Acquisition of Activision Blizzard?
The U.K. authority acknowledged that the restructured deal ‘makes important changes that substantially address concerns,’ in a statement last Friday, and will announce a final decision by October 6.
New Microsoft Activision Deal May Finally Mean CMA Approval
The new deal divests cloud rights for existing Activision PC and console games to rival Ubisoft instead of Microsoft; the U.K. regulator has until October 18 to decide.
U.S. Court Overrules FTC’s Block of Microsoft’s Activision Blizzard Takeover
After winning the European Commission’s approval and triumphing over the FTC, the hard-fought acquisition may close by July 18 if the U.K.’s CMA block is rejected.
Xbox Acquisition of Activision Blizzard Approved by European Commission
The approval brings the Microsoft-owned gaming behemoth one step closer to closing its nearly $70 billion purchase, but there is more work to be done before the deal is finalized.
Activision Blizzard to Cooperate with Investigations into Alleged Insider Trading
A new SEC filing confronts the company with another legal battle -- this time over violations possibly made during a meeting held before its sale to Microsoft was announced.
Activision Shareholder Lawsuits Challenge $69 Billion Sale to Microsoft
New suits allege game company’s lack of transparency about the deal, as well as company insiders’ conflicts of interest.
Microsoft Buying Activision Blizzard in Largest Gaming Industry Deal Ever
Tech giant’s planned $68.7 billion purchase signals everyone that it’s all in on capturing future generations of gamers.
