Microsoft announced their acquisition of Activision Blizzardin a press release posted on Tuesday.
It brought a wave of cheer for the Xbox fans and the gaming community.
There was one company that was not happy with the development.
Sony, the direct rival of Microsoft in console with thePlayStationseries, is not amused for two monumental reasons.
The acquisition announcement wiped $20 billion off Sonys valuation from the market.
It is approximately 13% of the total value of the Japanese multimedia giant.
And the second involves the speculation of Activision goingXboxexclusive with its game.
All would go well, but Activision has a contractual obligation to fulfill.
However, there are plans for Xbox exclusives soon.
There is untapped potential for Microsoft to monetize its popularity more profitably.
Had good calls this week with leaders at Sony.
Sony is an important part of our industry, and we value our relationship.
Phil Spencer (@XboxP3)January 20, 2022
Read More
source: www.techworm.net
