Microsoft Takes a Run in the Metaverse

2022 has only just begun to walk and has already entertained Japan WhatsApp Number List us with what will almost certainly be the great acquisition of the year. Microsoft , determined to take a run in the metaverse that is already on the horizon , has bought the video game company Activision Blizzard for a whopping 70,000 million dollars. The software giant, which is also the manufacturer of the famous Xbox game consoles, thus ensures ownership of iconic video games such as “Call of Duty”, “Overwatch” and “Candy Crush”. Microsoft’s purchase of Activision Japan WhatsApp Number List Blizzard is the industry’s largest to date and also the largest acquisition in the Redmond-based company’s 46-year history .

With the Purchase of Activision Blizzard

Microsoft will pay Activision Blizzard $95 per Japan WhatsApp Number List share , 45% more than the value of the video game company’s shares at the close of the stock markets last Friday.  Shares of Activision Blizzard, which trades on the Nasdaq index, yesterday hit a 32% stride since the beginning of the session , while Microsoft shares lost almost 3% of their value. Bobby Kotick, CEO of Activision Blizzard, will remain at the helm of the video game company. And that in recent Japan WhatsApp Number List months Kotick has been in the eye of the hurricane for allegedly having covered up and silenced cases of sexual harassment and discrimination within the company he directs. Activision Blizzard announced precisely this Monday that 37 employees had been fired in the course of an internal investigation to shed light on several allegations of sexual abuse and another 44 reprimand.

Significant competitive advantage in the metaverse

As a result of this lurid scandal, the shares of Activision Japan WhatsApp Number List Blizzard have suffered a prolapse of 27% , a scenario that seemed to be perfect for the entry of Microsoft into the scene soon. The company led by Satya Nadella will have no problem in any case to finance the purchase of Activision Blizzard . In the last fiscal year alone, Microsoft, which employs 182,000 people worldwide, generated net profit of $61 billion and revenue of $168 billion. With the acquisition of Activision Blizzard, Microsoft clearly seeks to gain positions in the bloody battle that is coming for supremacy in the metaverse , which promises to be the next evolution of Japan WhatsApp Number List the Internet. Mark Zuckerberg already made a move a few months ago by renaming Facebook Meta . According to The New York Times ,

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