Microsoft activision

 

Webcast details

Microsoft Chairman and CEO Bobby CEO, Blizzard; CEO, Microsoft Gaming, Phil Spencer; and Microsoft Chief Financial Officer Amy Hood will host a webcast for investors and media on Jan. 18, 2022 – With three billion people actively playing games today, and fueled by a new generation steeped in the joys of interactive entertainment, gaming is now the largest and fastest-growing form of entertainment. announced plans to acquire Blizzard Inc. Pacific time. is serving as financial advisor to Microsoft and Simpson  Bartlett  is serving as legal counsel. Through great teams and great technology, Microsoft and Blizzard will empower players to enjoy the most-immersive franchises, like “Halo” and “Warcraft,” virtually anywhere they want. Today, Microsoft Corp. “Together we will build a future where people can play the games they want, virtually anywhere they want.”

“For more than 30 years our incredibly talented teams have created some of the most successful games,” said Bobby CEO, Blizzard. The transaction has been approved by the boards of directors of both Microsoft and Blizzard.

Advisors

Goldman Sachs & Co. And with games like “Candy Crush,” Blizzard´s mobile business represents a significant presence and opportunity for Microsoft in this fast-growing segment.

The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Act Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. Pacific time/9 a.m. REDMOND, Wash. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all.”

“Players everywhere love Blizzard games, and we believe the creative teams have their best work in front of them,” said Phil Spencer, CEO, Microsoft Gaming. 18, 2022, at 6 a.m. “The combination of Blizzard’s world-class talent and extraordinary franchises with Microsoft’s technology, distribution, access to talent, ambitious vision and shared commitment to gaming and inclusion will help ensure our continued success in an increasingly competitive industry.”

Mobile is the largest segment in gaming, with nearly 95% of all players globally enjoying games on mobile. The company has studios around the world with nearly 10,000 employees.

Bobby will continue to serve as CEO of Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. The deal is expected to close in fiscal year 2023 and will be to non earnings per share upon close. With Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the meta verse.

Microsoft will acquire Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Blizzard’s net cash. Eastern time regarding this transaction.

There will be a recording of the conference call available shortly after the call until Friday, Jan. a leader in game development and interactive entertainment content publisher. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and production capabilities.

The transaction is subject to customary closing conditions and completion of regulatory review and Blizzard’s shareholder approval. The planned acquisition includes iconic franchises from the Blizzard and King studios like “Warcraft,” “Call of Duty” and “Candy Crush,” in addition to global activities through Major League Gaming. – Jan. and Santa Monica, Calif. To access that recording:

Conference ID: 13726291. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind and Sony. Once the deal closes, the Blizzard mission, to connect and engage the world through epic entertainment has never been more important. Through communities rooted in our video game franchises we enable hundreds of millions of people to experience joy, thrill and achievement. We enable social connections through the lens of fun, and we foster purpose and meaning through competitive gaming. Video games, unlike any other social or entertainment media, have the ability to break down barriers that can inhibit tolerance and understanding. Celebrating differences is at the core of our culture and ensures we can create games for players of diverse backgrounds in the 190 countries our games are played.

As a member of the Fortune 500 and as a component company of the S&P 500, we have an extraordinary track record of delivering superior shareholder returns for over 30 years. Our sustained success has enabled the company to support corporate social responsibility initiatives that are directly tied to our franchises. As an example, our Call of Duty Endowment has helped find employment for over 90,000 veterans.

Learn more information about  Blizzard and how we connect and engage the world through epic entertainment on the company´

Forward-looking statements Microsoft to acquire Blizzard to bring the joy and community of gaming to.