Microsoft’s Activision Blizzard Acquisition is “Moving Fast,” Says Microsoft President

Microsoft's president says that the company's acquisition of Activision Blizzard is moving at a good pace. The company is getting requests for information from the FTC, as well as EU antitrust watchdogs.

Posted By | On 20th, May. 2022

activision blizzard logo

The long process of Microsoft’s acquisition of Activision Blizzard appears to be moving along at a quick pace. According to Video Games Chronicle, in an interview with Belgian business publication L’Echo, president of Microsoft Brad Smith said that he believes the acquisition is moving at a fast enough speed for its size.

It’s worth noting that a key aspect of acquisitions like these hinges on approval by the US Federal Trade Commission, which would try to ensure that mergers of this scale wouldn’t give Microsoft’s Xbox platform an unfair business advantage against its competitors. Alongside the US FTC, Microsoft also likely has to deal with similar bodies in the EU.

“It’s moving fast, at least fast enough for an acquisition of this size,” said Smith. “We have received requests for information on this subject here in Brussels, but also in London and Washington. We answer questions, we give briefings and we provide the information requested.”

According to Smith, the acquisition has proceeded past its initial processes and is now entering its middle processes.

“One of our attorneys summed it up nicely by saying, ‘We’re coming to the end of the beginning and now we’re entering the beginning of the middle,’” said Smith. “It’s a long process and we’re still at the stage where we’re answering questions. For us, of course, the sooner it is done the better, but we will respect the process.”

Mergers and acquisition of this scale are often lengthy affairs, potentially taking over a year to for all processes to get fully completed. With the current pace of Microsoft’s ongoing acquisition of Activision Blizzard, it’s likely that we’ll see the process complete by early 2023.


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Nintendo Unveils Special Edition Zelda-Themed Switch Lite Console, Out This September

Nintendo Unveils Special Edition Zelda-Themed Switch Lite Console, Out This September

The special edition console, which will come bundled with 12 months of Nintendo Switch Online + Expansion Pack...

Nintendo World Championships: NES Edition Trailer Showcases Survival and Legend Challenges

Nintendo World Championships: NES Edition Trailer Showcases Survival and Legend Challenges

Complete Super Mario Bros. in one run as a Legend Challenge or compete with the ghost data of other players in...

Nintendo Switch Sports is Adding Basketball with a Free Update This Summer

Nintendo Switch Sports is Adding Basketball with a Free Update This Summer

The new playable sport will come with both single-player and multiplayer options across multiple modes.

Phantom Brave: The Lost Hero Announced, Launches in 2025

Phantom Brave: The Lost Hero Announced, Launches in 2025

The sequel to Nippon Ichi Software's 2004 tactical role-playing game is coming to Nintendo Switch, PS4, PS5 an...

Darkest Dungeon 2 Will Also Launch for Nintendo Switch on July 15

Darkest Dungeon 2 Will Also Launch for Nintendo Switch on July 15

On the same day, the roguelike RPG will also launch for PlayStation consoles, as previously announced by devel...

Perfect Dark, Metroid: Zero Mission, and More Out Today on Nintendo Switch Online + Expansion Pack

Perfect Dark, Metroid: Zero Mission, and More Out Today on Nintendo Switch Online + Expansion Pack

The Legend of Zelda: A Link to the Past Four Swords and Turok: Dinosaur Hunter will also be available later to...