We may finally be nearing the conclusion of the near 2 year acquisition of Activision-Blizzard-King by Microsoft. The CMA reported today that they had given preliminary approval of the deal based on remedies by Microsoft to address concerns over Cloud Gaming.
Update: new #Microsoft / #Activision deal addresses previous CMA concerns in cloud gaming.
— Competition & Markets Authority (@CMAgovUK) September 22, 2023
Read more: https://t.co/KpouuwQLM7
We are encouraged by this positive development in the CMA’s review process. We presented solutions that we believe fully address the CMA’s remaining concerns related to cloud game streaming, and we will continue to work toward earning approval to close prior to the October 18…
— Brad Smith (@BradSmi) September 22, 2023
Our CEO Bobby Kotick shared an update on the CMA's preliminary approval of our deal with @Microsoft.
— Activision Blizzard (@ATVI_AB) September 22, 2023
Read the full update here: https://t.co/zKcQaV8GDe
The CMA is the last major road block towards acquisition completion, and the deal is currently looking on track to be completed prior to Microsoft’s October 18th deadline barring any major changes.
“Preliminary approval”
The line said by my parole officer when talking about my bail. Im stuck in here since the disappearance of my presumed ‘late’ wife.
At least i have internet access so i can keep up with xboxera’s latest news stories.