Microsoft’s Activision Deal: Game Changer?
There is no doubt now that Microsoft (MSFT) is a big believer that the future lies in the metaverse—and that the path to the metaverse runs through the video games industry.
If Microsoft is correct, its proposed $75 billion cash acquisition of Activision Blizzard (ATVI) may turn out to be the defining deal for the next era of consumer technology. It is already the largest gaming deal in history.
Activision is the company behind three billion-dollar franchises: Call of Duty, World of Warcraft,and Candy Crush…
This post first appeared at Investors Alley.
