The UK Competitions and Markets Authority report on Microsoft's proposed acquisition of Activision-Blizzard finds the deal would "substantially reduce competition" and recommends prohibiting the deal or substantial divestiture to save it.
In a repose today to the FTC's lawsuit against Microsoft for its designs to purchase Activison Blizzard, the tech giant has claimed that the approach by the Federal Trade Commission violates the company's constitutional rights.
Jagex has made its second studio acquisition, this time buying Croatia-based Gamepires, the developer behind open-world survival game SCUM, with plans to use its expertise in live service and community to grow the game.
The Federal Trade Commission (FTC) has sued to block the nearly $69 billion deal that would see Microsoft acquire Activision Blizzard over claims that it would harm competition and consumer choices.
Microsoft's nearly $69 billion dollar proposed acquisition of Activision Blizzard might be hitting a new snag. A federal antitrust lawsuit may be incoming, seeking to block the deal.
Elite Dangerous developer Frontier Developments has made its first studio acquisition, buying Canadian-based Complex Games, the Canadian studio behind this year's turn-based tactical RPG Warhammer 40,000: Chaos Gate - Daemonhunters.
Developer Spry Fox, a studio known for games like the Alphabear series and Cozy Grove, has been acquired by Netflix. In the acquisition announcement, it was also revealed that the company is working on a new MMO project.
Monumental, the Texas-based company that most recently acquired Crowfall, has now acquired open-world, cross-platform sandbox MMO Boundless.
Microsoft has outwardly talked about keeping Call of Duty on PlayStation following the completion of their acquisition of Activision Blizzard, however it seems that has a term limit. PlayStation's boss Jim Ryan revealed that the deal offered by the Xbox creator was simply "inadequate."
In a move announced late last night (or early morning in Europe, take your pick), Swedish company, and now seemingly owner of Geekdom, Embracer Group announced they had acquired Middle-earth Enterprises. This means that the company now owns the company that owns the adaptation rights for Tolkien's Legendarium.
Jagex, developer of RuneScape has made its first outside studio acquisition, picking up Pipeworks Studios, a US-based developer responsible for work and service support on over 125 shipped titles.
The UK has opened an investigation into whether approval of the pending deal by Microsoft to acquire Activision Blizzard would lead to reduced choice, higher prices, and harm to consumers.
Embracer Group has announced a deal to acquire Crystal Dynamics, Eidos, and Square Enix Montreal for $300 million, a deal which includes over 50 IPs.
Microsoft in a blog post today outlined its vision on Open App Store Principles for both its Windows and Xbox marketplaces in an attempt to appease regulators looking at its massive investment to acquire Activision Blizzard. In the same post, Microsoft finally committed to releasing the popular Call of Duty franchise on PlayStation beyond the existing agreements in place.
The huge deal between Microsoft and Activision Blizzard will come under antitrust review by the US Federal Trade Commission, which could mean a tough review.