The gaming world has been buzzing with the completion of Microsoft's historic acquisition of Activision Blizzard, which was recently approved by the UK's Competition and Markets Authority (CMA).
The merger is monumental in the gaming industry, with Microsoft now owning the rights to games like Call of Duty and World of Warcraft. The internet is buzzing with reactions, with many celebrating the merger on social media, sharing memes, gifs, and heartfelt posts celebrating this milestone.
Key figures such as Phil Spencer, the head of Xbox, Sarah Bond, Corporate Vice President at Xbox, and even Satya Nadella, Microsoft's CEO, have expressed their delight at the acquisition. Employees of Activision Blizzard also shared their positive reactions. Some took a lighter note and shared satirical memes, joking about being 'acquired' by Xbox themselves.
However, concerns have been raised about the potential ramifications of such large-scale industry consolidation, with some worrying about potential layoffs and the impact on the industry. Nevertheless, the acquisition is undeniably transformative and comes amid a challenging period for developers.
For further insights into this game-changing merger, keep an eye on our coverage, including details shared in a letter by Activision's CEO, Bobby Kotick, confirming his stay till the end of the year.
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