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Microsoft Is Sure About Buying Activision

Microsoft Is Sure About Buying Activision

After the intervention of the United States and the European Union, the CEO of Microsoft stated that the computer giant had not changed its mind about its intention to acquire the gaming company, Activision Blizzard.

PREVIOUSLY: Microsoft to acquire Activision Blizzard in All-Cash Deal for USD 68.7 billion

On Tuesday, Microsoft President Brad Smith gave an interview with Agence France-Presse (AFP), stating, “We have huge confidence in our case.”

Last Monday, the Federal Trade Commission of the United States filed a lawsuit to prevent the $69 billion takeover of the company that created the hit games “Call of Duty” and “Candy Crush.”

cc and codThe European Union (EU) has started an investigation to see whether or not the arrangement will give Microsoft. This company provides the Xbox platform exclusive rights to produce popular video games.

However, Smith pointed out that Sony’s rival PlayStation holds a more significant portion of the market for game consoles, and he stated that Microsoft plans to make its games compatible with both PlayStation and Xbox.

“If you ask what will promote competition, what will bring more opportunities both for game developers and gamers, we strongly believe that this kind of acquisition where we have more first-party titles and are committed to making them available on Sony PlayStation for the next decade, is good for competition, good for consumers,” Smith said.

candy crush and codHe continued, saying, “Therefore, I have a positive outlook on our chances of appearing before an administrative law court.”

During his speech, Smith participated in a US-Africa conference held in Washington, District of Columbia. During the summit, Microsoft disclosed plans to use satellite technology to deliver the internet to millions in Africa who are not currently connected.

 

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