Microsoft buys gaming giants for 600 billion crowns – Archyde

Tech giant Microsoft is buying gaming company Activision Blizzard, the company said in a statement press release.

Microsoft is buying the gaming conglomerate for $95 a share, which will fetch a price close to $69 billion. This corresponds to around NOK 600 billion.

Activision Blizzard develops the games Call of Duty, Guitar Hero, World of Warcraft and Candy Crush, among others.

The company has offices around the world and around 10,000 employees.

Upon completion of the transaction, Microsoft will be the third-largest gaming company in the world by revenue behind Sony and Tencent.

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