Activision Blizzard Microsoft News Shares Sony

Sony Shares Plummet 7% In Wake Of Microsoft’s Activision Blizzard Acquisition News

News of Microsoft’s acquisition of Activision Blizzard yesterday resulted in Sony shares falling by 7%.

The Xbox Series X/S manufacturer confirmed that it is set to acquire the Call of Duty publisher for a massive $68.7 billion, which far eclipses any previous games industry deal. Among the franchises included in the deal are of course Call of Duty, but also the likes of Crash Bandicoot, Spyro the Dragon, Overwatch, and World of Warcraft.

It was later reported that controversial Activision Blizzard CEO Bobby Kotick will not be staying on with the company once the deal has been completed.

Elsewhere a report on Bloomberg has claimed that Microsoft will keep some Activision Blizzard games developed for PlayStation consoles, but this has yet to be officially confirmed. Call of Duty in particular is a strong performer on PlayStation, so hopefully this means that will remain multiformat.

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[Source – VGC]