Microsoft's $69 billion Activision Blizzard acquisition finally approved

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It had to pass through the regulatory gauntlet for a number of different countries, including the US, UK and Europe, but Microsoft's major acquisition of Activision Blizzard has now been finalized.

Article originally published by Forbes. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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17 Oct 2023

It was the UK’s Competition and Markets Authority (CMA) who were the last holdout in approving the deal, over concerns that the acquisition would reduce competition for gamers. With the CMA now satisfied with the deal after some concessions were made, Microsoft is free to go ahead and complete the $69 billion deal.

Here’s the latest of the acquisition and what it might mean for investors.

Content has become one of the major battlegrounds for tech, and it’s becoming more and more intertwined with entertainment. While it may be TV and movies that first comes to mind when we think of content, the gaming industry is bigger than all of it.

In fact, revenue from the gaming industry is now five times higher than the global movie box office, bigger than the entire music industry and the big five American sports leagues.

Gaming has taken over, and Microsoft