Did Activision Sell Blizzard?
To answer the question directly, Activision did not sell Blizzard, but rather, Microsoft acquired Activision Blizzard, the parent company of Blizzard, in a $68.7 billion deal. This acquisition means that Microsoft now owns Blizzard, along with its popular franchises such as World of Warcraft, Overwatch, and Diablo, as well as Activision’s franchises like Call of Duty.
Introduction to the Acquisition
The acquisition of Activision Blizzard by Microsoft is a significant event in the gaming industry, and it has raised many questions among gamers and investors alike. In this article, we will explore the details of the acquisition and answer some of the most frequently asked questions.
Frequently Asked Questions
1. Is Activision Blizzard Still a Thing?
Activision Blizzard is still a thing, but it is now a subsidiary of Microsoft, and its management will be overseen by Microsoft’s Gaming Division.
2. What Happens to Activision Blizzard Stock After Merger?
If you own Activision Blizzard stock, you will receive $95.00 in cash for each share you own, unless you have exercised your appraisal rights.
3. What Happens to My Shares of Activision?
Your Activision Blizzard shares will be exchanged for $95.00 per share, and the cash will be deposited into your account.
4. Did Blizzard Buy Call of Duty?
No, Blizzard did not buy Call of Duty. Call of Duty is a franchise owned by Activision, which is now a subsidiary of Microsoft.
5. Is Xbox Still Buying Activision?
Yes, Microsoft, the owner of Xbox, has completed its acquisition of Activision Blizzard.
6. Did Microsoft Buy Call of Duty?
Yes, Microsoft has acquired the rights to Call of Duty as part of its acquisition of Activision Blizzard.
7. Who is the Current CEO of Blizzard?
Bobby Kotick is the current CEO of Activision Blizzard, but he is expected to leave the company.
8. Is Activision Owned by EA?
No, Activision is not owned by EA. Activision is now a subsidiary of Microsoft.
9. What Company Owns Call of Duty?
Microsoft now owns the rights to Call of Duty through its acquisition of Activision Blizzard.
10. Why Did Blizzard Sell to Activision?
Blizzard did not sell to Activision. Activision and Blizzard merged to form Activision Blizzard in 2008, and Microsoft has now acquired the combined company.
11. Who Tried to Buy Activision Blizzard?
Microsoft tried to buy Activision Blizzard and has now completed the acquisition.
12. Who Acquired Activision Blizzard?
Microsoft has acquired Activision Blizzard in a $68.7 billion deal.
13. Is Xbox Taking Over Call of Duty?
Yes, Xbox, which is owned by Microsoft, is now the owner of the Call of Duty franchise.
14. What Does the Blizzard Acquisition Mean?
The acquisition of Blizzard by Microsoft means that Microsoft now owns some of the most popular gaming franchises in the world, including World of Warcraft, Overwatch, and Diablo.
15. What is Blizzard’s Most Profitable Game?
World of Warcraft is one of Blizzard’s most profitable games, but the company also generates significant revenue from other franchises like Overwatch and Diablo.
Conclusion
In conclusion, Activision did not sell Blizzard, but rather, Microsoft acquired Activision Blizzard, the parent company of Blizzard, in a $68.7 billion deal. This acquisition has significant implications for the gaming industry and raises many questions among gamers and investors alike. We hope that this article has provided you with a comprehensive understanding of the acquisition and its implications.