Activision Blizzard is now formally part of Microsoft‘s Xbox wing as the businesses closed their merger this morning. Following years of regulatory scrutiny adopted by a collection of approvals, Microsoft cleared the previous couple of hurdles in latest months.
Xbox’s acquisition of Activision Blizzard was lastly permitted within the UK this morning
U.Okay.’s Competitors and Markets Authority introduced this morning that it has totally permitted Microsoft’s acquisition of Activision Blizzard after the previous provided treatments that glad its issues. A type of treatments included Microsoft handing over cloud gaming rights for Activision Blizzard’s games to Ubisoft for 10 years.
The merger is still facing resistance from the U.S. Federal Trade Commission however is ready to shut as a result of a choose denied the FTC’s request to halt the deal pending the result of its investigation. The FTC may technically ask Microsoft to divest in a while however the regulator has but to make a robust case in opposition to the acquisition.
“Whether you play on Xbox, PlayStation, Nintendo, PC or mobile, you are welcome here – and will remain welcome, even if Xbox isn’t where you play your favorite franchise,” Microsoft wrote. “Because when everyone plays, we all win. We believe our news today will unlock a world of possibilities for more ways to play.”