Microsoft, the tech giant behind Xbox, is reportedly planning to finalize its acquisition of Activision Blizzard, the publisher of the popular video game Call of Duty, on October 13. This is contingent on the approval from Britain’s antitrust regulator, as reported by The Verge. According to TechCentral the deal is valued at a staggering US$69 billion.
Originally, Microsoft had extended the deadline for the deal to October 18 to allow more time for securing approval from the UK. However, there has been no immediate response from either company regarding this matter.
Microsoft is reportedly aiming to close its $69-billion deal for Activision Blizzard on 13 October.
In a significant development last month, Microsoft received preliminary approval from the Competition and Markets Authority. This came after Activision agreed to sell its streaming rights to Ubisoft Entertainment.
If successful, this acquisition would be a game-changer in the gaming industry. It would combine Microsoft’s strong presence in the console market with Activision’s popular titles, including Call of Duty and World of Warcraft. This deal would mark the largest transaction in gaming history.