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!

Paper Mario: The Thousand-Year Door Trailer Showcases Gorgeous Remade Intro

Paper Mario: The Thousand-Year Door Trailer Showcases Gorgeous Remade Intro

Available worldwide on May 23rd for the Nintendo Switch, the remake sports a revamped intro with new graphics ...

Helldivers 2’s Newest Major Order Wants Players to Eliminate All Automatons

Helldivers 2’s Newest Major Order Wants Players to Eliminate All Automatons

Super Earth continues to be unreasonably aggressive in its mission to spread democracy.

A New Marvel Game Will be Announced Tomorrow

A New Marvel Game Will be Announced Tomorrow

As per leaks, the game, titled Marvel Rivals, is a 6v6 hero shooter developed by NetEase, due out in 2025.

V Rising – Legacy of Castlevania Collaboration Announced, Launches May 8th

V Rising – Legacy of Castlevania Collaboration Announced, Launches May 8th

Players can battle Simon Belmont and wield Vampire Killer in the upcoming update, with paid cosmetic DLC also ...

It Takes Two Crosses 16 Million Units Sold

It Takes Two Crosses 16 Million Units Sold

The co-op platformer has been played by over 30 million players since its release in 2021, developer Hazelight...

Sony Reveals Community Game Help, New Feature Coming to PS5 Later This Year

Sony Reveals Community Game Help, New Feature Coming to PS5 Later This Year

With an update later this year, Game Help will be expanded to also incorporate user-generated content.