How big is the Activision Blizzard acquisition

The acquisition of Activision Blizzard by Microsoft for $69 billion is moving forward after the FTC's injunction was denied a final appeal. The deal will likely close soon if Microsoft can address concerns raised by the UK competition watchdog regarding a potential cloud streaming monopoly.

Sony and Microsoft also signed an agreement guaranteeing the release of upcoming titles of the Call of Duty franchise on PlayStation consoles for the next ten years. It's rare to see such large deals in the video gaming world.

Microsoft has previously invested heavily in this sector, acquiring ZeniMax Media for $7.5 billion in 2020 and Minecraft developer Mojang for $2.5 billion in 2014.

Sony has also made significant investments in video game studios, including Bungie for $3.6 billion.

Mobile game developers have been a popular target for such deals due to significant revenue growth in that market. The infographic below shows the largest deals in video gaming history.

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