Gaming Giants Unite: Microsoft’s Move to Conquer the Metaverse Through Gaming
Updated: Oct 13
Microsoft's $68.7 billion acquisition of video game developer Activision Blizzard is making headlines. This move will boost Microsoft's gaming business across various platforms and potentially provide building blocks to the metaverse. Despite legal challenges from the FTC and CMA, Microsoft aims to become more dominant within the gaming industry. As of September 2023, the deal is yet to receive the final green light due to legal obstacles. There is however growing optimism at Microsoft as the FTC faced setbacks in court and the CMA changed its stance and may approve the acquisition due to concessions from Microsoft.