Question – On January 18, 2022, Microsoft announced plans to acquire which gaming company?
(a) Tencent
(b) Activision Blizzard Inc.
(c) Sony
(d) Game Street
Answer—(b)
Related facts—
- On January 18, 2022, Microsoft announced plans to acquire “Activision Blizzard Inc”.
- “Activision Blizzard Inc” is a gaming company.
- The acquisition will accelerate Microsoft’s roaming business across mobile, PC, console and cloud and will provide the building blocks for the metaverse.
- Microsoft will acquire Activision Blizzard for 95 dollar per share.
- The completion of the acquisition will make Microsoft the third largest gaming company in the world by revenue after Tencent and Sony.
- It is noteworthy that this deal is expected to be completed in the financial year 2023.
By – Pankaj Pandey