Microsoft’s Activision Blizzard deal approved in China
Image credit: Microsoft / Activision Blizzard
The deal has received “unconditional clearance” in China, after a local investigation found no issues in the merger. China joins more than 30 regulators that have approved the acquisition.
The acquisition was first announced in early 2022, when the two companies announced that they agreed a $68.7bn (~£50.5bn) price. However, due to the scope of the deal, many international regulators have launched independent investigations and the deal is still to be completed.
China is an important and sizable market for both Activision Blizzard and Microsoft, and being given the green light in the country just a short time after the acquisition received the go-ahead from the European Union will surely make the executives of both companies happy.
A Microsoft spokesperson said of the matter to GamesIndustry.biz: “China’s unconditional clearance of our acquisition of Activision Blizzard follows clearance decisions from jurisdictions such as the European Union and Japan, bringing the total to 37 countries representing more than two billion people.
“The acquisition combined with our recent commitments to the European Commission will empower consumers worldwide to play more games on more devices.”
Activision Blizzard is, however, having separate troubles in China. The company is trying to find a new local partner after the licensing agreement with NetEase has ended in December 2022. This resulted in a suspension of Blizzard titles in the country, including popular games such as World of Warcraft and Overwatch.
Ivan comes from Croatia, loves weird simulator games, and is terrible at playing anything else. Spent 5 years writing about tech and esports in Croatia, and is now doing it here.