Microsoft on Tuesday submitted a restructured proposal to UK’s anti-trust watchdog for approval of its $68.7 billion acquisition of gaming giant Activision Blizzard.
Microsoft on Tuesday submitted a restructured proposal to UK’s anti-trust watchdog for approval of its $68.7 billion acquisition of gaming giant Activision Blizzard.
As part of the restructuring, Microsoft will transfer cloud gaming rights for current and new Activision Blizzard games to French video game publisher Ubisoft.
“To address the concerns about the impact of the proposed acquisition on cloud game streaming raised by the UK Competition and Markets Authority (CMA), we are restructuring the transaction to acquire a narrower set of rights,” said Brad Smith, Microsoft Vice Chair and President.
This includes executing an agreement effective at the closing of its merger that transfers the cloud streaming rights for all current and new Activision Blizzard PC and console games released over the next 15 years to Ubisoft Entertainment.
