Activision Blizzard merger

URI: https://gptkb.org/entity/Activision_Blizzard_merger
GPTKB entity
Statements (56)
Predicate Object
gptkbp:instanceOf acquisition
gptkbp:acquirer gptkb:Microsoft
gptkbp:ActivisionBlizzardCEO gptkb:Bobby_Kotick
gptkbp:ActivisionBlizzardHeadquarters gptkb:Santa_Monica,_California
gptkbp:announced 2022-01-18
gptkbp:BobbyKotickDepartureAnnounced 2023-10-13
gptkbp:BobbyKotickDepartureEffective 2023-12-29
gptkbp:cause Access to Activision Blizzard IPs
Expand Microsoft gaming portfolio
Strengthen Xbox Game Pass
gptkbp:closed 2023-10-13
gptkbp:cloudStreamingRightsSoldTo gptkb:Ubisoft
gptkbp:CMAConcerns cloud gaming
gptkbp:CMAFinalApproval 2023-10-13
gptkbp:CMAInitialBlock true
gptkbp:CMARemedies cloud streaming rights divestiture
gptkbp:dealAnnouncedBy gptkb:Satya_Nadella
gptkb:Bobby_Kotick
gptkbp:dealClosedBy gptkb:Phil_Spencer
gptkbp:dealStructure all-cash
gptkbp:dealSubjectToRegulatoryApproval true
gptkbp:dealSubjectToShareholderApproval true
gptkbp:dealType acquisition
gptkbp:franchise gptkb:Overwatch
gptkb:Hearthstone
gptkb:Call_of_Duty
gptkb:Candy_Crush
gptkb:World_of_Warcraft
gptkb:StarCraft
gptkb:Crash_Bandicoot
gptkb:Spyro_the_Dragon
Diablo
gptkbp:FTCChallenge true
gptkbp:FTCFiledLawsuit 2022-12-08
gptkbp:FTCInjunctionDenied 2023-07-11
https://www.w3.org/2000/01/rdf-schema#label Activision Blizzard merger
gptkbp:impact Increased competition with Sony and Tencent
Industry consolidation
Potential Game Pass exclusives
Microsoft becomes third-largest gaming company by revenue
gptkbp:involvedIn gptkb:Microsoft
gptkb:Activision_Blizzard
gptkbp:largestGamingDeal true
gptkbp:MicrosoftCEO gptkb:Satya_Nadella
gptkbp:MicrosoftHeadquarters gptkb:Redmond,_Washington
gptkbp:MicrosoftStockTicker gptkb:MSFT
gptkbp:PhilSpencerRole CEO of Microsoft Gaming
gptkbp:regulates gptkb:European_Parliament
gptkb:FTC
gptkb:CMA
gptkbp:shareholderApprovalDate 2022-04-28
gptkbp:stockSymbol gptkb:ATVI
gptkbp:targetCompany gptkb:Activision_Blizzard
gptkbp:valuation 68700000000
gptkbp:bfsParent gptkb:Allen_&_Company
gptkbp:bfsLayer 6