Sony drops after Microsoft’s purchase for Call of Duty| MENAFN.COM

Monday, 23 May 2022 05:02 GMT

Sony drops after Microsoft’s purchase for Call of Duty


(MENAFN) Sony's stocks plummeted in Tokyo markets after Microsoft announced its intentions to purchase Activision Blizzard; a major video game developer.

The USD68.7 billion (£50.5 billion) purchase would be Microsoft's highest investment overall, and the biggest in gaming industry.

The deal would give the US company control of popular gaming trademarks such as Call of Duty, Warcraft, and Overwatch.

The purchase would be a significant step forward for Microsoft's Xbox gaming platform in its combat against Sony's PlayStation.

This occurs after a year from Microsoft’s USD7.5 billion purchase for Bethesda, which an additional powerful gaming company.

MENAFN19012022000045012476ID1103562854


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.