Microsoft Makes Moves to Secure Activision Blizzard Acquisition

Microsoft has taken steps to address concerns about its proposed $69 billion purchase of Activision Blizzard, as the deal comes under scrutiny from regulators in the United States, the United Kingdom, and the European Union. In an effort to convince European Union officials to approve the acquisition, Microsoft President Brad Smith held a closed-door meeting in Brussels with regulators and competitors to address concerns that the acquisition could harm competition in the video game industry.

To ease concerns, Microsoft announced partnerships with Nvidia and Nintendo. The company has entered into a 10-year agreement with Nvidia to bring Xbox PC games to Nvidia’s cloud gaming service, resolving Nvidia’s concerns with Activision Blizzard. As a result, Nvidia has offered its full support for regulatory approval of the acquisition. Microsoft also finalized a 10-year agreement to bring the latest version of “Call of Duty” to the Nintendo platform once the merger with Activision is completed.

According to Smith, these two agreements address concerns that “Call of Duty” will be less available than it is today, as the deals will bring the game to an additional 150 million people on Nintendo devices and Nvidia’s cloud streaming services. Smith also indicated that Microsoft is willing to enter a 10-year agreement with Sony and is prepared to enter regulatory obligations as well, whether in London, Brussels, or Washington.

Despite these efforts, Sony remains the only principal company objecting to the deal. However, Smith remains confident that Microsoft can address Sony’s concerns and secure regulatory approval for the acquisition.

The proposed acquisition of Activision Blizzard would give Microsoft access to a vast library of popular video game franchises, including “Call of Duty,” “World of Warcraft,” and “Diablo.” With the addition of these franchises, Microsoft could significantly expand its gaming offerings and compete more directly with other major players in the industry, such as Sony and Nintendo.

In addition to addressing regulatory concerns, Microsoft has also faced criticism from Activision Blizzard employees and others in the wake of a lawsuit alleging widespread discrimination and harassment at the company. Microsoft has pledged to address these concerns and work to create a safe and inclusive workplace culture at Activision Blizzard.

Overall, Microsoft’s efforts to address concerns and secure regulatory approval for the Activision Blizzard acquisition are ongoing. While the partnerships with Nvidia and Nintendo are a positive step forward, the company will need to continue to work with regulators and other stakeholders to address concerns and secure a successful acquisition.

 

 

EU Probes Apple, Google and Meta for Potential Violations of New Digital Law

Massive Changes Coming to Google Chrome Threaten to Reshape the Modern Internet

Reddit makes a splash with spectacular stock debut

Vietnam’s Vingroup Makes Strategic Move with $1.6 Billion Sale of Vincom Retail Stake

NVIDIA and Johnson & Johnson MedTech’s AI Collaboration Revolutionizing Surgery

Alphabet-Apple Collaboration Unveiling Gemini AI for iPhone Innovation

Landmark Verdict: $60 Million Penalty Imposed on Mead Johnson in Enfamil Baby Formula Case

Devin AI: Pioneering the future as the first AI software engineer

Job Interview Red Flags: Phrases to avoid according to a former Google recruiter

US Pushes for ByteDance to Sell TikTok, But China Likely to Refuse

techbiz.network google maps with satellite features

Google Maps to revolutionize navigation with Satellite features, eliminating dead zones

In a significant development, Google is gearing up to integrate satellite connectivity into its renowned mapping application, Google Maps. This …
techbiz.network east asia

East Asia’s Growth Outpaces Global Average Amidst China’s Economic Challenges, Says World Bank

In a recent report released by the World Bank, East Asia and Pacific (EAP) economies are showcased as beacons of …
techbiz.network google maps with satellite features

Google Maps to revolutionize navigation with Satellite features, eliminating dead zones

In a significant development, Google is gearing up to integrate satellite connectivity into its renowned mapping application, Google Maps. This …
techbiz.network google apple meta violation to eu new digital law

EU Probes Apple, Google and Meta for Potential Violations of New Digital Law

The European Union (EU) is launching investigations into tech giants Apple, Google, and Meta (Facebook’s parent company) over concerns they …
techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network travel in Hanam

Vibrant Activities in Ha Nam Cultural and Tourism Week 2023

On May 14th, at Tam Chuc Tourist Area in Kim Bang District, the People’s Committee of Ha Nam Province, together …
techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network Vietnam Airlines' Heritage Guide

Unveiling the Heritage Guide: Vietnam Airlines’ Exquisite Travel Companion for Exploring Vietnam

On June 15th, Vietnam’s national airline, Vietnam Airlines, officially launched a new travel guide publication called “Heritage Guide” on all …
techbiz.network Thomson Medical Group of Singapore accquires FV hospital

Thomson Medical Group Expands Southeast Asian Presence with Acquisition of FV Hospital in Vietnam

Singapore’s Thomson Medical Group (TMG) has made a significant move in the healthcare sector by acquiring Vietnam’s FV Hospital, marking …
techbiz.network By Rotation clothing rental app

By Rotation: The Startup Revolutionizing Fashion with Peer-to-Peer Clothing Rental

By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by …
Talks with Leaders, Ep8: 1st AI Doctor Assistant in Vietnam provides 90+% correct diagnosis within 5s

Talks with Leaders, Ep8: 1st AI Doctor Assistant in Vietnam provides 90+% correct diagnosis within 5s

In this eighth episode, we’ll learn about VinBrain, a VinGroup subsidiary dedicated to developing AI and IoT technologies for …
techbiz.network blockchain meets metaverse

Talks with Leaders, Special episode: Blockchain meets Metaverse, featuring business leaders, investors, tech experts and global influencers

On November 14, 2021, the live webinar Blockchain meets Metaverse was successfully organized by TechBiz with the participation of …
techbiz.network Nvidia and Johnson & Johnson collaboration for surgery

NVIDIA and Johnson & Johnson MedTech’s AI Collaboration Revolutionizing Surgery

The integration of artificial intelligence (AI) into various facets of healthcare has revolutionized patient care, and its impact on surgery …
techbiz.network google maps with satellite features

Google Maps to revolutionize navigation with Satellite features, eliminating dead zones

In a significant development, Google is gearing up to integrate satellite connectivity into its renowned mapping application, Google Maps. This …

techbiz.network valentino joins metaverse

Valentino Joins the Metaverse: An Exciting Partnership with UNXD

Valentino, the iconic Italian fashion house, has announced its foray into the metaverse through a partnership with UNXD, the leading …

techbiz.network coinbase faced 0 balance woes while bitcoin surged to $64000

Coinbase Faces Technical Woes Amidst Bitcoin Surge to $64,000

Coinbase found itself in the midst of technical challenges as some users woke up to zero balances in their digital …

techbiz.network coinbase faced 0 balance woes while bitcoin surged to $64000

Coinbase Faces Technical Woes Amidst Bitcoin Surge to $64,000

Coinbase found itself in the midst of technical challenges as some users woke up to zero balances in their digital …

techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network Abode by Stuarte Semple challenges Adobe

Abode: Artist Challenges Adobe’s Dominance with Lifetime Creative Software Suite

Artist and activist Stuart Semple has embarked on an ambitious project to challenge the dominance of Adobe, the corporate …
techbiz.network By Rotation clothing rental app

By Rotation: The Startup Revolutionizing Fashion with Peer-to-Peer Clothing Rental

By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by …

techbiz.network thread lost 82% users

Threads App’s Rollercoaster Ride: Plummeting 82% of Users Raise Concerns for Meta’s Social Experiment

In early July, Meta, formerly known as Facebook, unveiled its highly anticipated social media offering, Threads. The platform, described as …

techbiz.network job interview red flag phrase

Job Interview Red Flags: Phrases to avoid according to a former Google recruiter

When it comes to acing a job interview, there are certain tactics that can help you stand out and impress …

techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network travel in Hanam

Vibrant Activities in Ha Nam Cultural and Tourism Week 2023

On May 14th, at Tam Chuc Tourist Area in Kim Bang District, the People’s Committee of Ha Nam Province, together …

techbiz.network Thomson Medical Group of Singapore accquires FV hospital

Thomson Medical Group Expands Southeast Asian Presence with Acquisition of FV Hospital in Vietnam

Singapore’s Thomson Medical Group (TMG) has made a significant move in the healthcare sector by acquiring Vietnam’s FV Hospital, marking …
techbiz.network By Rotation clothing rental app

By Rotation: The Startup Revolutionizing Fashion with Peer-to-Peer Clothing Rental

By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by …