Microsoft and Activision extend acquisition deadline to October 18

TheBronzeRanger@lemmy.one to Gaming@beehaw.org – 19 points – Microsoft and Activision extend acquisition deadline to October 18
gamesindustry.biz

Deal was originally due to complete yesterday, termination fee raised to a $4.5 billion

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Not a surprise. They still have to deal with the UK I think? As much as I don't like a giant corp getting more giant, I hope Xbox cleans house at Activision Blizzard and does some good to the IPs they have.

Not holding my breath tho.

Yeah, they've offered to sell off the UK game streaming rights to appease UK regulators, but no word on if they've gotten a response. They're lucky they've gotten that, but the UK game streaming market is probably so miniscule that Microsoft doesn't really care anyway. It's a drop in lake Baikal in terms of the revenue ABK will bring in elsewhere.

Thanks for that! Hadn't seen what came of the initial ruling over there. Yeah it will be a few years until streaming is more of a viable option. Latency, stability, and trust aren't there yet for the general public. Especially after Google killed off stadia.