• Source:JND
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The gaming industry is booming all over the world, including in India, which is why technology company Microsoft is looking to expand its gaming services by acquiring the American video game maker Activision Blizzard for $95 per share, or around $68.7 billion, including Activision Blizzard's net cash.

What Is Activision Blizzard

Activision Blizzard is a major video game developer and developer best recognised for generating and distributing well-known game franchises. It was formed by the merging of Activision, an American video game publisher, and Blizzard Entertainment, a well-known game developer recognised for its critically praised titles.

Which Games Have Activision Developed So Far

Numerous well-known video games produced by Activision Blizzard include the Candy Crush Saga, Call of Duty, World of Warcraft, Overwatch, Diablo, and Starcraft series. The majority of the aforementioned games are series and have a sizable global fan following.

These are just a few examples of the games that Activision Blizzard has created and released. The company's portfolio is diverse, with more games and franchises that are catered to various platforms and genres.

Why Is Activision Blizzard-Microsoft Deal In News?

Sony's Playstation consistently outperforms the Microsoft-owned Xbox series, and by acquiring this, Microsoft would be able to add more exclusive video games to the Xbox line while also growing the number of Game Pass users.

Sony Intervenes The Multi-Billion Dollar Deal

With the deal done, Sony is scared that Microsoft would restrict some of the major gaming titles like Call of Duty on the PlayStation Console. According to the reports, the Call of Duty’s latest version Modern Warfare 2 brought $1 billion in revenue on the release weekend for the PlayStation.

Microsoft-Activision Deal Latest Updates

In the latest update, A US Judge has put the Microsoft-Activision deal on hold and fixed another hearing in the upcoming days. The authorities of Britain, Canada, and the US are not convinced by the deal.

Microsoft Statement

The business allegedly stated that it would be foolish to quit selling well-known video games and also planned to announce an agreement for the Call of Duty game to be playable on Nintendo systems, assuming the arrangement goes through.