The UK's Competition and Markets Authority is expected to share its preliminary judgement on Microsoft's revised Activision Blizzard deal next week, with the final decision expected on October 18th.
Microsoft is one step closer to acquiring Activision Blizzard after UK regulators accepted their concessions on cloud gaming, a move that is seen as a brilliant strategy similar to Netflix's business model by industry experts.
Microsoft's $69 billion acquisition of Activision Blizzard has been provisionally approved by the UK's Competition and Markets Authority, with the deal now including carve-outs for cloud gaming rights to address monopoly concerns.
Microsoft's proposed acquisition of Activision moves closer to completion as the UK's Competition and Markets Authority grants provisional approval to the modified deal, signaling that the final regulatory hurdle may soon be cleared.
The Federal Trade Commission (FTC) plans to proceed with its case against Microsoft's acquisition of Activision Blizzard, but without a preliminary injunction, Microsoft can still close the deal before the October 18 deadline.
Britain's media watchdog, Ofcom, has referred an inquiry into Microsoft and Amazon's dominance of the cloud computing market to the Competition and Markets Authority (CMA) over concerns about limited competition, difficulty in switching providers, and interoperability issues. The CMA will investigate the market and determine whether any action needs to be taken, with the investigation set to conclude by April 2025.
The UK's Competition and Markets Authority (CMA) is investigating Microsoft and Amazon over potential anti-competitive practices in the country's cloud infrastructure services market, following a report from Ofcom that highlighted limited competition and concentration in the sector.
Microsoft is set to announce the finalization of its $68.7 billion acquisition of Activision Blizzard next week, pending approval from the UK's Competition and Markets Authority, after overcoming regulatory battles in Europe and the US.
Microsoft is expected to complete its $69 billion buyout of Activision Blizzard next week, pending final approval from the UK, allowing for the potential integration of Activision Blizzard games onto the Xbox Game Pass platform.
Microsoft's $68.7 billion deal to acquire Activision Blizzard is set to close on Friday, October 13, after facing lawsuits, leaks, and controversy.
Microsoft's acquisition of Activision Blizzard may be nearing completion, with a possible closing date of next week, if the UK's Competition and Markets Authority does not impede the deal.
Microsoft is nearing a deal to acquire Activision Blizzard, and Activision's president believes that the acquisition will improve the "Call of Duty" franchise.
Microsoft's planned acquisition of Activision-Blizzard-King for $72 billion is expected to close soon pending final UK approval, with Activision CEO Bobby Kotick hinting at the revival of franchises like Guitar Hero and discussing future tech like machine learning and AI.
Microsoft is expected to avoid a fresh investigation from the EU into its $69 billion purchase of Activision Blizzard, as the changes to the deal do not need to go through the approvals process again.
UK antitrust officials have approved Microsoft's planned takeover of Activision Blizzard, clearing the final regulatory hurdle and allowing one of the biggest tech deals of all time to proceed.
Microsoft's $69 billion acquisition of Activision Blizzard has been cleared by UK regulators after the company agreed to sell streaming rights, allowing it to compete with Sony in the video-gaming market.
Microsoft has completed its $68.7 billion acquisition of Activision Blizzard, making it the company's largest acquisition ever and positioning Microsoft as the third-largest gaming company by revenue.
Microsoft has finalized its acquisition of Activision Blizzard for $68.7 billion, with Xbox chief Phil Spencer welcoming Activision Blizzard King employees in an internal memo and expressing excitement about the prospects of the unified team.
Ubisoft has obtained cloud streaming rights for Call of Duty and other Activision Blizzard games, allowing them to decide which cloud gaming services can stream these games, except in EU countries where users have a free license to stream via any cloud game streaming service of their choice.
Microsoft completed its $69 billion acquisition of Activision Blizzard, boosting its Xbox gaming console and multi-game subscription service, despite facing opposition from the U.S. Federal Trade Commission.
Microsoft's recent acquisition of Activision Blizzard has given them ownership of a vast catalogue of classic games and IPs, including popular titles like Call of Duty, Crash Bandicoot, Diablo, Overwatch, Spyro, and Warcraft.
Microsoft completes its merger with Activision Blizzard, which is its largest deal to date, but faces a $28.9 billion back-tax claim by the IRS; Arm Holdings earns positive ratings from analysts following its IPO; Netflix receives a downgrade from Wolfe Research due to concerns about future growth.
Microsoft completes its merger with Activision Blizzard, the largest deal in its history, while owing billions in back taxes, Arm Holdings earns top ratings from analysts following its IPO, and Netflix receives a downgrade in rating from Wolfe Research.
Microsoft's acquisition of Activision-Blizzard is complete, shifting the focus to discussing potential game updates and new IPs coming to Xbox Series X|S.
Microsoft's acquisition of Activision Blizzard positions the company as a major player in the mobile gaming market, provides opportunities for revenue via mobile game advertising, and strengthens its Xbox Game Pass and Xbox Cloud Gaming services.
Microsoft has completed its $68.7 billion acquisition of Activision Blizzard King, making it the company's largest acquisition ever and leading to speculation on how the gaming giant will handle its newfound intellectual properties.