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On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion. [1] The acquisition was completed on October 13, 2023, with its total cost amounting to $75.4 billion. [2] Under the terms of the agreement, Microsoft brought Activision Blizzard under its Microsoft Gaming business unit as a sibling division to ...
Federal Trade Commission v. Microsoft Corp. and Activision Blizzard, Inc. is a lawsuit brought against multinational technology corporation Microsoft and video game holding company Activision Blizzard in 2022. The Federal Trade Commission (FTC) sought a temporary injunction against Microsoft in their efforts to acquire Activision Blizzard.
Microsoft Gaming is an American multinational video game and digital entertainment division of Microsoft based in Redmond, Washington established in 2022. Its five development and publishing labels consist of: Xbox Game Studios, Bethesda Softworks (publisher of ZeniMax Media), Activision, Blizzard Entertainment, and King (aforementioned are publishers of Activision Blizzard). [2]
September 12, 2024 at 6:43 AM. (Reuters) -Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein in costs and integrate its $69 ...
Xbox Wire is Xbox's news blog, launched by Microsoft in May 2013 in preparation for the announcement of the Xbox One. [71] It was Microsoft's first Xbox-focused blog since it shut down Gamerscore in early 2009. [72] In March 2022, a Japanese-language version of the site was published as part of Microsoft's focus on the Japanese gaming market. [73]
On December 31, 1997, Microsoft acquired Hotmail.comfor $500 million (~$882 million in 2023), its largest acquisition at the time, and integrated Hotmail into its MSNgroup of services.[3] Hotmail, a free webmailservice founded in 1996 by Jack Smithand Sabeer Bhatia,[4]had more than 8.5 million subscribers earlier that month.
Microsoft announced last month that it would lay off 1,900 employees at Activision Blizzard and Xbox, a cut that represents about 8% of the overall Microsoft Gaming division.
The Xbox is a home video game console manufactured by Microsoft that is the first installment in the Xbox series of video game consoles. It was released as Microsoft's first foray into the gaming console market on November 15, 2001, in North America, followed by Australia, Europe and Japan in 2002. [3] It is classified as a sixth-generation ...