May 19, 2022

Microsoft acquires Activision for $68.7 Billion


On Tuesday Microsoft announced that it plans to buy the Gaming company Activison for $68.7 billion. Microsoft’s motive is that it the gaming company will play a vital role in the digital lives of the Metaverse.

This is the largest acquisition in the history of Microsoft. And it couldn’t have come at a better time as Activison has been struggling to stay afloat. This merger would catapult Activison into ahead in the $175 billion dollar industry that supplies over 3 billion gamer’s worldwide.

In an industry driven by blockbuster franchises, Activision makes some of the most popular titles, including Call of Duty and Candy Crush. Yet the company has been roiled by employee revolt over accusations of sexual harassment and discrimination in recent months.

This deal could also strengthen the company’s hand in the so-called metaverse, the nascent world of virtual and augmented reality. The metaverse is more of a concept than a living business, but it has attracted huge amounts of investments in the few short months it was announced. Facebook even renamed its parent company to Meta late last year to back its commitment.

The industry has been consolidating rapidly as it spends heavily on technology. With Activision, Microsoft would be the world’s third-largest gaming company by revenue, behind Tencent and Sony. Microsoft now makes Xbox consoles and owns studios that produce hits like Minecraft.

Activision’s gaming efforts are facing headwinds, with its most recent Call of Duty release panned by gamers and delays among titles like Diablo and Overwatch, and the companies scandals coming to light. Still, Activision remains profitable, with reports of $639 million in net income from recent quarterly earnings reports.

Leave a Reply

Close

Stocks & Crypto

Name Price24H (%)
DSLA Protocol (DSLA)
$0.003680
-6.82%
Lympo (LYM)
$0.004392
-4.43%
Relevant (REL)
$0.78
0.35%
Heart Number (HTN)
$0.000553
-30.47%
Tadpole (TAD)
$7.32
-1.76%
Cage (C4G3)
$0.005010
-3.67%
DYOR (DYOR)
$0.000020
20.53%
TICOEX Token (TICO)
$0.001364
0.52%
MMS Cash Token (MCASH)
$1.00
0.00%
Bitcoin (BTC)
$28,848.00
-4.45%
Ethereum (ETH)
$1,917.16
-7.25%
Tether (USDT)
$1.00
-0.08%
USD Coin (USDC)
$1.00
-0.17%
BNB (BNB)
$289.24
-4.89%
XRP (XRP)
$0.399492
-8.22%
Binance USD (BUSD)
$1.00
0.09%
Cardano (ADA)
$0.498722
-12.44%
Solana (SOL)
$48.90
-13.05%
Dogecoin (DOGE)
$0.082674
-8.11%
Polkadot (DOT)
$9.34
-13.47%
Wrapped Bitcoin (WBTC)
$28,793.00
-4.57%
Lido Staked Ether (STETH)
$1,883.39
-7.37%
Avalanche (AVAX)
$28.81
-15.19%
TRON (TRX)
$0.070525
-2.39%
Vectorium (VECT)
$425.81
-3.49%
Shiba Inu (SHIB)
$0.000011
-9.25%
Dai (DAI)
$1.00
-0.09%
Power Cash (PRCH)
$0.017570
881.24%
Alex (ALEX)
$0.068435
-0.04%
LEO Token (LEO)
$5.12
-0.65%
LADZ (LADZ)
$0.066195
0.58%
Cronos (CRO)
$0.184629
-7.82%
Litecoin (LTC)
$65.44
-9.89%
Polygon (MATIC)
$0.62
-13.79%
Hedera (HBAR)
$0.388591
-3.51%
FTX Token (FTT)
$29.80
-5.68%
NEAR Protocol (NEAR)
$5.69
-14.31%
Rare (RARE)
$0.046122
0.00%
Bitcoin Cash (BCH)
$183.55
-10.45%
OKB (OKB)
$11.92
-6.56%
Stellar (XLM)
$0.124284
-11.69%
Cosmos Hub (ATOM)
$9.94
-13.27%
Algorand (ALGO)
$0.424561
-12.46%
Flow (FLOW)
$2.74
-9.32%
Monero (XMR)
$152.63
-12.66%
Ethereum Classic (ETC)
$19.67
-8.55%
BitTorrent (BTT)
$0.002702
1.61%
ApeCoin (APE)
$7.66
-13.74%
Uniswap (UNI)
$4.77
-12.07%
BitTorrent [OLD] (BTTOLD)
$0.001374
19.41%
Hedera (HBAR)
$0.097194
-9.95%
Elrond (EGLD)
$87.75
-13.05%
VeChain (VET)
$0.028657
-11.67%
Theta Fuel (TFUEL)
$0.059753
-14.54%
Magic Internet Money (MIM)
$1.00
0.25%
Internet Computer (ICP)
$7.40
-12.64%
Axie Infinity (AXS)
$21.07
-1.73%
Chain (XCN)
$0.096813
5.75%
Bitcoin Cash ABC (BCHA)
$86.90
-0.64%
cETH (CETH)
$38.35
-7.78%
Filecoin (FIL)
$7.50
-11.64%
Decentraland (MANA)
$0.99
-16.55%
DeFiChain (DFI)
$2.79
-9.26%
Tezos (XTZ)
$1.62
-11.39%
Frax (FRAX)
$1.00
-0.22%
The Sandbox (SAND)
$1.16
-14.50%
KuCoin Token (KCS)
$14.25
-4.97%
Humans.ai (HEART)
$0.026105
-11.74%
PancakeSwap (CAKE)
$4.32
-7.91%
Maker (MKR)
$1,388.88
-11.43%
EOS (EOS)
$1.24
-9.41%
TrueUSD (TUSD)
$1.00
0.02%
Zcash (ZEC)
$95.15
-16.60%
Theta Network (THETA)
$1.17
-16.04%
Klaytn (KLAY)
$0.399829
-7.99%
Huobi BTC (HBTC)
$28,718.00
-4.92%
YooShi (YOOSHI)
$0.000003
-12.05%
Aave (AAVE)
$80.73
-14.09%
cUSDC (CUSDC)
$0.022607
-0.20%
Huobi Token (HT)
$7.00
-0.20%
The Graph (GRT)
$0.152602
-15.05%
BitTorrent (BTT)
$0.000001
-4.70%
TerraUSD (UST)
$0.086301
-2.59%
Terra (LUNA)
$0.000146
-21.80%
Pax Dollar (USDP)
$1.00
-0.09%
Bitcoin SV (BSV)
$49.61
-11.02%
IOTA (MIOTA)
$0.320769
-17.45%
THORChain (RUNE)
$2.92
-13.71%
Quant (QNT)
$63.57
-13.23%
Radix (XRD)
$0.085034
-3.71%
Neutrino USD (USDN)
$0.97
-0.04%
eCash (XEC)
$0.000045
-9.60%
GateToken (GT)
$5.46
-4.52%
STEPN (GMT)
$1.35
-16.31%
Fantom (FTM)
$0.313801
-12.88%
cDAI (CDAI)
$0.022023
-0.07%
BitDAO (BIT)
$0.82
-3.22%
Helium (HNT)
$7.32
-19.79%
NEXO (NEXO)
$1.29
-6.61%
Arweave (AR)
$14.08
-10.66%
NEO (NEO)
$9.67
-11.78%
Zilliqa (ZIL)
$0.046558
-14.46%
Kusama (KSM)
$74.15
-8.81%
Convex Finance (CVX)
$10.63
-13.79%
Sapphire (SAPP)
$0.70
35.32%
Amp (AMP)
$0.013250
-6.25%
Chiliz (CHZ)
$0.114107
-4.01%
BitcoinStaking (BSK)
$47.23
216.25%
Valkyrie Protocol (VKR)
$1.22
-13.48%
PAX Gold (PAXG)
$1,820.84
0.21%
Enjin Coin (ENJ)
$0.63
-13.06%
Waves (WAVES)
$5.85
-18.35%
Dash (DASH)
$54.25
-10.27%
Gala (GALA)
$0.075682
-14.49%
cUSDT (CUSDT)
$0.021768
0.00%
Loopring (LRC)
$0.448218
-9.16%
pTokens BTC (PBTC)
$45,430.00
-1.22%
Basic Attention Token (BAT)
$0.364963
-11.04%
Fei USD (FEI)
$1.00
0.07%
Osmosis (OSMO)
$1.44
-11.93%
Synthetix Network Token (SNX)
$2.39
-15.08%
Maiar DEX (MEX)
$0.000106
-13.50%
Celo (CELO)
$1.21
-15.30%
Gnosis (GNO)
$205.00
-10.42%
Fei Protocol (FEI)
$1.00
-0.63%
XDC Network (XDC)
$0.042441
-7.31%
Stacks (STX)
$0.492328
-13.98%
Harmony (ONE)
$0.042642
-14.00%
Decred (DCR)
$35.32
-7.27%
Lido DAO (LDO)
$1.37
-13.40%
Ekta (EKTA)
$3.78
3.46%
Mina Protocol (MINA)
$0.96
-13.95%
Green Satoshi Token (BSC) (GST)
$43.90
9.24%
Curve DAO Token (CRV)
$1.20
-14.04%
NEM (XEM)
$0.052356
-13.47%
Tether Gold (XAUT)
$1,863.95
0.01%
Holo (HOT)
$0.002509
-7.01%
Verasity (VRA)
$0.067412
-5.65%
Kava (KAVA)
$2.24
-15.18%
GuildFi (GF)
$2.03
-6.23%
Compound (COMP)
$62.31
-13.78%
Frax Share (FXS)
$7.07
-15.48%
Nexus Mutual (NXM)
$62.33
-11.22%
Thorstarter (XRUNE)
$0.62
6.40%
Tokenize Xchange (TKX)
$5.20
-6.27%
ECOMI (OMI)
$0.001541
-6.01%
Kadena (KDA)
$2.21
-24.19%
Wootrade Network (WOO)
$0.81
8.00%
OKC Token (OKT)
$24.58
-2.87%
Qtum (QTUM)
$3.71
-11.42%
FLEX Coin (FLEX)
$4.90
-0.57%
Bancor Network Token (BNT)
$1.33
-8.38%
Anyswap (ANY)
$16.67
4.73%
GXChain (GXC)
$4.64
173.82%
1inch (1INCH)
$0.90
-4.84%
hi Dollar (HI)
$0.375993
0.76%
IOST (IOST)
$0.015894
-10.69%
cBAT (CBAT)
$0.023192
6.02%
Dogebonk (DOBO)
$0.000000
14.70%
SuperRare (RARE)
$2.31
24.37%
Balancer (BAL)
$14.59
-2.78%
PEAKDEFI (PEAK)
$0.334352
52.12%
Invictus (IN)
$1,344.61
2.71%
ParaSwap (PSP)
$0.72
-10.57%
My Neighbor Alice (ALICE)
$20.13
-10.39%
Vectorspace AI (VXV)
$9.02
9.54%
Sovryn (SOV)
$17.93
-0.77%
RedFOX Labs (RFOX)
$0.242411
-13.80%
Samoyedcoin (SAMO)
$0.120191
2.66%
Rich Quack (QUACK)
$0.000000
-3.78%
CateCoin (CATE)
$0.000010
3.33%
Band Protocol (BAND)
$8.28
7.98%
Liquity USD (LUSD)
$1.00
-0.15%
Badger DAO (BADGER)
$34.68
12.62%
Livepeer (LPT)
$13.50
-10.18%
Snowbank (SB)
$3,867.87
1.07%
Serum (SRM)
$1.10
-11.93%
Xido Finance (XIDO)
$12.11
-4.43%
Popsicle Finance (ICE)
$33.87
-7.71%
Gitcoin (GTC)
$23.64
79.82%
Taboo Token (TABOO)
$0.031889
10.27%
Proton (XPR)
$0.040012
6.89%
NKN (NKN)
$0.52
3.89%
AllianceBlock (ALBT)
$1.02
-7.55%
Olympus (OHM)
$17.01
-1.29%
BTC Standard Hashrate Token (BTCST)
$44.40
21.20%
DerivaDAO (DDX)
$12.37
143.65%
SingularityNET (AGIX)
$0.340248
4.09%
JUNO (JUNO)
$6.58
-18.56%
BitMart Token (BMX)
$0.369266
-5.06%
HUSD (HUSD)
$1.00
-0.32%
Doge Army Token (DGAT)
$0.000000
-18.42%
Aave [OLD] (LEND)
$4.10
2.91%
Stratis (STRAX)
$2.36
18.61%
Ark (ARK)
$1.98
3.33%
Celsius Network (CEL)
$0.76
-9.49%
Secret (SCRT)
$1.89
-4.92%
Somnium Space CUBEs (CUBE)
$25.12
15.26%
USDD (USDD)
$1.00
-0.03%
yearn.finance (YFI)
$8,938.97
-11.62%
iExec RLC (RLC)
$4.43
3.79%
Bitcoin Gold (BTG)
$18.07
-9.67%
OMG Network (OMG)
$2.25
-12.25%
StormX (STMX)
$0.033770
4.03%
Orchid Protocol (OXT)
$0.53
-1.32%
DODO (DODO)
$1.14
-18.35%
Electroneum (ETN)
$0.017514
-11.29%
Rocket Pool (RPL)
$19.17
-9.71%
Marinade staked SOL (MSOL)
$51.04
-13.16%
Bitkub Coin (KUB)
$3.44
-4.22%
Storj (STORJ)
$2.14
4.68%
Coin of the champions (COC)
$0.000001
25.93%
Alien Worlds (TLM)
$0.240512
-3.92%
0x (ZRX)
$0.361698
-13.89%
Counterparty (XCP)
$16.41
9.87%
sBTC (SBTC)
$61,407.00
-0.74%
Moonbeam (GLMR)
$1.11
-19.17%
PlatON Network (LAT)
$0.130219
4.39%
Venus (XVS)
$26.21
1.29%
MiL.k Alliance (MLK)
$1.37
4.65%
OpenDAO (SOS)
$0.000008
11.03%
Hoge Finance (HOGE)
$0.000701
-3.60%
Bitcoin Diamond (BCD)
$1.58
0.84%
Verge (XVG)
$0.017958
2.11%
Thoreum (THOREUM)
$0.136253
996.25%
Circuits of Value (COVAL)
$0.164809
57.61%
Mango (MNGO)
$0.290404
20.62%
Evmos (EVMOS)
$1.50
-11.64%
Ravencoin (RVN)
$0.027998
-10.17%
Bounce (AUCTION)
$40.09
11.29%
Ampleforth (AMPL)
$1.00
17.08%
EDEN (EDEN)
$3.32
-5.68%
KardiaChain (KAI)
$0.094205
7.71%
TitanSwap (TITAN)
$2.87
0.32%
Wilder World (WILD)
$3.41
-3.99%
Tokamak Network (TON)
$7.07
7.81%
Reserve Rights Token (RSR)
$0.021342
4.60%
Klima DAO (KLIMA)
$205.37
-9.03%
Ankr (ANKR)
$0.034780
-14.79%
Mdex (MDX)
$0.323660
12.53%
Tranchess (CHESS)
$7.53
163.66%
Tokemak (TOKE)
$17.11
-11.41%
Dvision Network (DVI)
$1.11
-5.63%
Radicle (RAD)
$6.83
-10.85%
Audius (AUDIO)
$0.397648
-13.98%
Metahero (HERO)
$0.053117
4.15%
Qredo (QRDO)
$7.09
-7.11%
Alpha Venture DAO (ALPHA)
$0.62
14.38%
Sign up Today!Patrioticbets Newsletter

Don’t miss out on all things stock and crypto.

%d bloggers like this: