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!

The Last of Us Part 1 is Out Now on PC

The Last of Us Part 1 is Out Now on PC

Naughty Dog's remake of its 2013 classic is now available on Steam and the Epic Games Store, with exclusive fe...

Saints Row Expansions Coming in May, July and August; New Districts Free for All Players

Saints Row Expansions Coming in May, July and August; New Districts Free for All Players

The first expansion is The Heist and The Hazardous in May, which adds new campaign missions, weapons, vehicles...

Tekken 8 Trailer Showcases Jun Kazama, the “Light of Hope”

Tekken 8 Trailer Showcases Jun Kazama, the “Light of Hope”

Jin's mother returns after years of absence and uses the Kazama Style Traditional Martial Arts to cleanse the ...

The Legend of Zelda: Tears of the Kingdom Switch OLED Announced, Launches April 28th

The Legend of Zelda: Tears of the Kingdom Switch OLED Announced, Launches April 28th

A themed Nintendo Switch Pro Controller and Switch Carrying Case are also coming on May 12th for $74.99 and $2...

The Legend of Zelda: Tears of the Kingdom Gameplay Reveals Sky Islands, New Abilities, and Much More

The Legend of Zelda: Tears of the Kingdom Gameplay Reveals Sky Islands, New Abilities, and Much More

Along with confirming that development is complete, series producer Eiji Aonuma showcased several new features...

PS5 and Xbox Series X’s GPU Differences Will Become More of a Factor in a Year or Two – Caverns of Mars: Recharged Dev

PS5 and Xbox Series X’s GPU Differences Will Become More of a Factor in a Year or Two – Caverns of Mars: Recharged Dev

"In a year or two, when newer rendering approaches are developed, more rendering work will be expected to be p...