Microsoft Takeover
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After Dip In Apple's Stock, Microsoft May Takeover As Most Valuable Company
A recent dip in Apple's stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft as the world's most valuable company.
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Microsoft-Activision Blizzard Deal Approval Again in Hands of UK's CMA
Microsoft-Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the US software giant's takeover were published.
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Activision Blizzard, Microsoft Extend $69 Billion Deal Deadline to October 18
Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom's antitrust authority.
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Microsoft's Appeal Against UK Block on Activision Deal Paused for Two Months by London Tribunal
Microsoft has been granted a two-month pause on its appeal against the UK's decision to block its takeover of Activision Blizzard. Both the Xbox maker and the UK's Competition and Markets Authority (CMA) had asked a London tribunal to grant a two-month stay as the two parties discussed a modified deal proposed by Microsoft.
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Microsoft Said to Be in Talks With Activision to Extend Takeover Contract Amid Regulatory Hurdles
Microsoft's contract with Activision Blizzard to acquire the game publisher expires on Tuesday, but the Xbox gaming console maker is said to be in talks with the latter for an extension. An extension of the contract would prevent Activision from having a change of heart or being wooed by another potential acquirer, while Microsoft attempts to clear...
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Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal
Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain's competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block ...
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Microsoft vs FTC: US Court Rejects FTC's Request to Halt Takeover of Call of Duty Maker Activision Blizzard
A US federal court on Thursday rejected the Federal Trade Commission's request that it order Microsoft to temporarily hold off on closing its $69 billion (roughly Rs. 5,65,480 crore) purchase of Activision Blizzard, a court filing showed. Any outstanding regulatory hurdle makes it more likely the agreement between Microsoft and Activision will exp...
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FTC to Appeal Judge’s Ruling That Greenlit Microsoft’s $69 Billion Takeover of Call of Duty Maker Activision
The US Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge's ruling that Microsoft could go forward with its $69 billion purchase of "Call of Duty" maker Activision Blizzard.
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Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK's CMA Softens Stance
A US judge on Tuesday gave the green light to Microsoft's $69-billion (roughly Rs. 5,65,480 crore) takeover bid for US video game giant Activision Blizzard. US District Judge Jacqueline Scott Corley in San Francisco rejected the Biden administration's contention that the deal would hurt consumers by giving Xbox game console maker Microsoft exclusiv...
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Activision Blizzard to Set Up Shop in Barcelona Following EU's Approval for Microsoft Acquisition
Activision Blizzard said its studio that developed Call of Duty would set up shop in Barcelona, putting into action its pledge to invest in Europe after Brussels approved Microsoft's $69 billion (nearly Rs. 5,66,000 crore) acquisition of the company in May. The US company said on Wednesday its game developer Infinity Ward, which created the blockb...
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Activison Blizzard CEO Urges Federal Judge to Allow Takeover by Microsoft
The chief executive of Call of Duty maker Activision Blizzard, Bobby Kotick, went before a federal judge on Wednesday to urge her to allow his company to be bought by Microsoft for $69 billion (nearly Rs. 5,66,300 crore). Kotick said that any effort to make Call of Duty exclusive to one platform, as Microsoft critics have said might happen, would ...
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Gaming in 2023: Diablo IV, Spider-Man 2 Release Date, Microsoft's Activision Takeover Woes and More
The first half of 2023 has already been impressive with The Legend of Zelda: Tears of the Kingdom and Hogwarts Legacy. On this week's Orbital podcast, we discuss our favourite picks from the June games showcases, Diablo IV's pros and cons, and our favourite games coming in the near future. We once again muse about how Microsoft's acquisition of Act...
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US Judge Pauses Microsoft's Takeover Of Gaming Giant At $69 Billion
A US federal judge on Tuesday temporarily blocked Microsoft from completing its $69 billion buyout of gaming giant Activision Blizzard, a court filing showed.
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Microsoft-Activision Blizzard Acquisition Deal Said to Get Blocked by US FTC
The US Federal Trade Commission will file an injunction blocking Microsoft's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microsoft is seeking to acquire the Call of Duty videogame maker in a $69 billion (nearly Rs. 5,68,800 crore) deal. The EU approved the Activision deal in May, but British com...
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Activision Blizzard Gets Permission to Intervene in Microsoft’s Legal Battle Against UK Regulator
Activision has now been given permission to intervene in Microsoft's appeal at the Competition Appeal Tribunal, which is expected to be heard next month. That means Activision will also be able to make their case to the tribunal.
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After Dip In Apple's Stock, Microsoft May Takeover As Most Valuable Company
A recent dip in Apple's stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft as the world's most valuable company.
-
Microsoft-Activision Blizzard Deal Approval Again in Hands of UK's CMA
Microsoft-Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the US software giant's takeover were published.
-
Activision Blizzard, Microsoft Extend $69 Billion Deal Deadline to October 18
Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom's antitrust authority.
-
Microsoft's Appeal Against UK Block on Activision Deal Paused for Two Months by London Tribunal
Microsoft has been granted a two-month pause on its appeal against the UK's decision to block its takeover of Activision Blizzard. Both the Xbox maker and the UK's Competition and Markets Authority (CMA) had asked a London tribunal to grant a two-month stay as the two parties discussed a modified deal proposed by Microsoft.
-
Microsoft Said to Be in Talks With Activision to Extend Takeover Contract Amid Regulatory Hurdles
Microsoft's contract with Activision Blizzard to acquire the game publisher expires on Tuesday, but the Xbox gaming console maker is said to be in talks with the latter for an extension. An extension of the contract would prevent Activision from having a change of heart or being wooed by another potential acquirer, while Microsoft attempts to clear...
-
Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal
Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain's competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block ...
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Microsoft vs FTC: US Court Rejects FTC's Request to Halt Takeover of Call of Duty Maker Activision Blizzard
A US federal court on Thursday rejected the Federal Trade Commission's request that it order Microsoft to temporarily hold off on closing its $69 billion (roughly Rs. 5,65,480 crore) purchase of Activision Blizzard, a court filing showed. Any outstanding regulatory hurdle makes it more likely the agreement between Microsoft and Activision will exp...
-
FTC to Appeal Judge’s Ruling That Greenlit Microsoft’s $69 Billion Takeover of Call of Duty Maker Activision
The US Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge's ruling that Microsoft could go forward with its $69 billion purchase of "Call of Duty" maker Activision Blizzard.
-
Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK's CMA Softens Stance
A US judge on Tuesday gave the green light to Microsoft's $69-billion (roughly Rs. 5,65,480 crore) takeover bid for US video game giant Activision Blizzard. US District Judge Jacqueline Scott Corley in San Francisco rejected the Biden administration's contention that the deal would hurt consumers by giving Xbox game console maker Microsoft exclusiv...
-
Activision Blizzard to Set Up Shop in Barcelona Following EU's Approval for Microsoft Acquisition
Activision Blizzard said its studio that developed Call of Duty would set up shop in Barcelona, putting into action its pledge to invest in Europe after Brussels approved Microsoft's $69 billion (nearly Rs. 5,66,000 crore) acquisition of the company in May. The US company said on Wednesday its game developer Infinity Ward, which created the blockb...
-
Activison Blizzard CEO Urges Federal Judge to Allow Takeover by Microsoft
The chief executive of Call of Duty maker Activision Blizzard, Bobby Kotick, went before a federal judge on Wednesday to urge her to allow his company to be bought by Microsoft for $69 billion (nearly Rs. 5,66,300 crore). Kotick said that any effort to make Call of Duty exclusive to one platform, as Microsoft critics have said might happen, would ...
-
Gaming in 2023: Diablo IV, Spider-Man 2 Release Date, Microsoft's Activision Takeover Woes and More
The first half of 2023 has already been impressive with The Legend of Zelda: Tears of the Kingdom and Hogwarts Legacy. On this week's Orbital podcast, we discuss our favourite picks from the June games showcases, Diablo IV's pros and cons, and our favourite games coming in the near future. We once again muse about how Microsoft's acquisition of Act...
-
US Judge Pauses Microsoft's Takeover Of Gaming Giant At $69 Billion
A US federal judge on Tuesday temporarily blocked Microsoft from completing its $69 billion buyout of gaming giant Activision Blizzard, a court filing showed.
-
Microsoft-Activision Blizzard Acquisition Deal Said to Get Blocked by US FTC
The US Federal Trade Commission will file an injunction blocking Microsoft's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microsoft is seeking to acquire the Call of Duty videogame maker in a $69 billion (nearly Rs. 5,68,800 crore) deal. The EU approved the Activision deal in May, but British com...
-
Activision Blizzard Gets Permission to Intervene in Microsoft’s Legal Battle Against UK Regulator
Activision has now been given permission to intervene in Microsoft's appeal at the Competition Appeal Tribunal, which is expected to be heard next month. That means Activision will also be able to make their case to the tribunal.
