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Activision will be purchased by Microsoft. Blizzard intends to deliver the fun and community of gaming to everyone, on any device.

 REDMOND, WA and SANTA MONICA, CA – January 18, 2022 – Gaming is now the largest and fastest-growing type of entertainment, with three billion people actively playing games today, propelled by a new generation versed in the joys of interactive entertainment. Microsoft Corp. (Nasdaq: MSFT) said today that it intends to buy Activision Blizzard Inc. (Nasdaq: ATVI), a pioneer in game creation and interactive entertainment content publishing. This acquisition will drive Microsoft's game business growth across mobile, PC, console, and cloud platforms, as well as supply building pieces for the metaverse.


Microsoft will pay $95.00 per share for Activision Blizzard in an all-cash transaction valued at $68.7 billion, including Activision Blizzard's net cash.

Bobby Kotick will remain CEO of Activision Blizzard, and he and his team will continue to lead efforts to develop the company's culture and accelerate business growth. After the transaction is completed, the Activision Blizzard business will report to Phil Spencer, CEO of Microsoft Gaming.

We have an amazing track record of providing superior shareholder returns for over 30 years as a member of the Fortune 500 and a component firm of the S&P 500. Because of our consistent success, the company has been able to support corporate social responsibility projects that are directly related to our franchises. For example, our Call of Duty Endowment has assisted over 90,000 veterans in finding jobs.

"Gaming is the most dynamic and interesting sector in entertainment today across all platforms," stated Satya Nadella, chairman and CEO of Microsoft. "We're heavily investing in world-class content, community, and the cloud to usher in a new era of gaming that prioritises players and creators and makes gaming safe, inclusive, and accessible to all."

"Players all over the world adore Activision Blizzard games, and we feel the creative teams are at their best," said Phil Spencer, CEO of Microsoft Gaming. "Together, we will create a future in which people can play their favourite games almost everywhere."

"For more than 30 years, our extraordinarily brilliant teams have created some of the most successful games," Activision Blizzard CEO Bobby Kotick stated. "The combination of Activision Blizzard's world-class talent and exceptional brands with Microsoft's technology, distribution, talent access, ambitious vision, and shared commitment to gaming and inclusivity will help ensure our continued success in an increasingly competitive industry."

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