Sunday, October 2, 2022
HomeBusinessMicrosoft buys giant Activision-Blizzard for $69 billion

Microsoft buys giant Activision-Blizzard for $69 billion

Uno way out after years of inertia and media storms. The American giant Activision-Blizzard goes under the Microsoft banner, whose hunger for video games seems to have no limit, barely a year after the acquisition of Bethesda (via ZeniMax) for 7.5 billion dollars. Microsoft announced on Tuesday that it had acquired the group, which notably publishes Call of Duty, World of Warcraft and candy Crush for $69 billion.

Activision’s stock soared more than 37% on Wall Street after the announcement, in electronic trading prior to the opening of trading, and was suspended. For several months, the company has been under particular pressure from shareholders and business partners demanding that it be more transparent in the management of cases of harassment and sexual abuse that have recently broken out.

READ ALSOSoftware, the Holy Grail of industrial reconquest?

At the end of last year, the group’s chief operating officer, Daniel Alegre, pledged to increase the share of female and non-binary employees by 50% over the next five years in order to reach a representation of more a third of the workforce, while nearly 40 employees had been dismissed and around forty others disciplined since July for inappropriate sexual behavior.

The editorial staff advises you

Recent posts