Here’s What Microsoft Can Do in $69 Billion Activision Deal After UK Ban

[ad_1] Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion (nearly Rs. 5,64,100 crore) acquisition of Call of Duty maker Activision Blizzard over concerns it would hinder cloud gaming. The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony’s PlayStation and … Read more

Microsoft Signs 10-Year Deal With Nware After UK Blocks Activision Acquisition

[ad_1] Microsoft said on Friday it signed a 10-year deal with Nware to bring Xbox and Activision Blizzard games to the Spanish cloud-gaming platform, days after Britain blocked its $69 billion (nearly Rs. 5,64,200 crore) buyout of the Call of Duty maker. The agreement marks the latest effort by Microsoft to ease fears its purchase … Read more

Microsoft Hits Back at UK Regulator’s Ruling to Block Activision Acquisition

[ad_1] Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of Call of Duty maker Activision Blizzard “had shaken confidence” in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it could hit competition in the … Read more

How Cloud Gaming Led to the UK Blocking Microsoft’s Activision Deal

[ad_1] For all the thunder about Xbox versus PlayStation, it was the nascent cloud market that led to Britain’s surprise decision to block Microsoft’s record Activision Blizzard takeover. Microsoft has been working for months to satisfy concerns about the $69 billion (roughly Rs. 5,64,700 crore) deal raised by Britain’s Competition and Markets Authority (CMA), which has … Read more