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CEO NA Magazine > Technology > Microsoft greenlighted to take over Activision-Blizzard

Microsoft greenlighted to take over Activision-Blizzard

in Technology
Microsoft greenlighted to take over Activision-Blizzard
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After a drawn out legal drama, technology giant Microsoft has been cleared to complete its acquisition of major video game developer Activision-Blizzard.

In a Friday filing with the U.S. Securities and Exchange Commission, Microsoft indicated Activision has become a fully-owned subsidiary of the technology company.

The news comes after a U.K. court finally removed antitrust red tape that had prevented Microsoft from completing the merger after the company agreed to remove certain cloud gaming rights.

The deal was originally valued at $69 billion when first publicly announced.

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