Finalization of the Microsoft-Activision Blizzard deal in fiscal year 2023


Microsoft CEO Satya Nadella has expressed his thoughts and feelings about the acquisition of Activision Blizzard and says he expects the deal to be finalized in 2023.

The news of the Blizzard-Microsoft transaction was officially announced two days ago, making it the most expensive deal in the history of the gaming industry. Satya Nadella, Microsoft CEO, in a video conference for shareholders, commented on the $ 68.7 billion acquisition. He first talks about his feelings about the world of video games this year and the years to come, and explains how the Xbox wants to create its own transformational world.

“The version of Metavars that we have in mind is not going to be limited to a centralized world, and I don’t think it should be,” Nadella said. “We need to support a large number of meta-platforms as well as an ecosystem of diverse content and applications and trading platforms.” The CEO of Microsoft believes that the acquisition of Activision Blizzard, in addition to being a tremendous opportunity to build a superior community for gamers, could be of great benefit to Microsoft shareholders. He points out that with this acquisition, Microsoft’s presence in the mobile gaming sector will increase; The part that, according to Nadella, has the largest share among the game’s various platforms.

Microsoft’s top executive says that King Studios, a subsidiary of Activision Blizzard and the creator of the Candy Crush game series, is one of the leading and most successful mobile game studios. In addition, Microsoft plans to make Activision Blizzard games available to gamers on Xbox, PC and mobile (via cloud gaming). These games do not only include Activision Blizzard’s new works, and Microsoft intends to add as many of the company’s old games as possible to its game sharing service.

Combining Activision Blizzard Studios with Xbox and Bethesda Studios

Nadella also talks a bit about organizational culture and says that it is a high priority for them; That Microsoft supports and commits itself to a work environment in which everyone, regardless of cultural, gender, or racial background, is equal and feels job-secure. He points out, of course, that this culture is not just for Microsoft employees, but for the player community as well. The Microsoft CEO explains:

“We are committed to having the players’ air and giving our employees the opportunity to do what they love and develop their talents in a safe and non-discriminatory environment; An environment in which everyone can play a role. “It can only be said that the acquisition of Activision Blizzard was a successful move to adhere to such an organizational culture.”

Nadella then goes on to talk about the details of the recent acquisition, saying that the Microsoft-Activision Blizzard deal is expected to be finalized in fiscal year 2023. Once the deal is finalized, Activision Blizzard will officially become an Xbox subsidiary under Phil Spencer Will work.

What do Zomji users think about Satya Nadella’s words? Let us know what you think.

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