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Microsoft aiming to close Activision deal this week

Reports have revealed that the technology company, Microsoft is looking to close its US$69-billion deal for Call of Duty publisher Activision Blizzard on 13 October if it gets approval from Britain’s antitrust regulator. Citing a source, The Verge reported that the Xbox maker had extended the cut-off date for the deal to the 18th of

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Reports have revealed that the technology company, Microsoft is looking to close its US$69-billion deal for Call of Duty publisher Activision Blizzard on 13 October if it gets approval from Britain’s antitrust regulator.

Citing a source, The Verge reported that the Xbox maker had extended the cut-off date for the deal to the 18th of October to get more time to secure approval from the UK back in July.

Last month, Microsoft won preliminary approval from the Competition and Markets Authority after Activision agreed to sell its streaming rights to Ubisoft Entertainment.

If the process is a success, the purchase would mark the biggest deal in the gaming industry, bringing together Microsoft’s heft in the console market with Activision’s titles including Call of Duty and World of Warcraft. 

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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