Business

Microsoft has agreed a deal to buy the troubled Call of Duty and Candy Crush gaming firm Activision Blizzard for $68.7bn (£50.5bn).

The all-cash takeover will give the Xbox maker a leap into the mobile gaming sphere and “play a key role in the development of metaverse platforms,” according to Microsoft boss Satya Nadella.

The deal – if approved by regulators – would make Microsoft the third-largest gaming firm in the world by revenue.

Articles You May Like

Moment B-2 stealth bomber flies over Trump and Putin
Police chief: Locked doors kept shooter out of church
There’s been a drop in socializing and drinking. So, what gives?
Three victims of the Isle of Wight helicopter crash have been named