Ubisoft to Acquire Activision Blizzard's Cloud Gaming Rights

Ubisoft to Acquire Activision Blizzard's Cloud Gaming Rights

Business

22 August 2023 19:23

Microsoft will transfer Activision Blizzard cloud gaming rights to Ubisoft to circumvent UK's CMA's decision. Microsoft stated "As a result of the agreement with Ubisoft, Microsoft believes its proposed acquisition of Activision Blizzard presents a substantially different transaction under UK law than the transaction Microsoft submitted for the CMA’s consideration in 2022. As such, Microsoft today has notified the restructured transaction to the CMA and anticipates that the CMA review processes can be completed before the 90-day extension in its acquisition agreement with Activision Blizzard expires on October 18."

"Under the restructured transaction, Microsoft will not be in a position either to release Activision Blizzard games exclusively on its own cloud streaming service – Xbox Cloud Gaming – or to exclusively control the licensing terms of Activision Blizzard games for rival services."

Tags: Ubisoft

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Ubisoft Might Be Developing a New Battle Royale

Ubisoft is reportedly working on a new live-service game, a battle royale titled Scout, following the upcoming shutdown of XDefiant...

Business

Apr 18, 2025

Ubisoft X The Crew Lawsuit Continues

Ubisoft has filed a motion to dismiss a class action lawsuit related to the shutdown of its 2014 online racing...

Drama

Apr 10, 2025

Ubisoft Shareholders Targets Tencent Deal

A minority shareholder coalition, led by AJ Investments, has demanded that Ubisoft hold an Extraordinary General Meeting (EGM) to allow...

Business

Apr 04, 2025

Leaked Memo from Ubisoft Sheds Light on Company

Ubisoft recently announced a big investment from Tencent and announced the company will focus on key franchises. This new entity...

Business

Apr 01, 2025

Rumour: Ubisoft is Tanking Stock Price Deliberately

Ubisoft, the French gaming giant behind popular franchises like Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six, is facing...

Business

Mar 31, 2025

Ubisoft to Acquire Activision Blizzard's Cloud Gaming Rights

Business

22 August 2023 19:23

Tags: Ubisoft

Microsoft will transfer Activision Blizzard cloud gaming rights to Ubisoft to circumvent UK's CMA's decision. Microsoft stated "As a result of the agreement with Ubisoft, Microsoft believes its proposed acquisition of Activision Blizzard presents a substantially different transaction under UK law than the transaction Microsoft submitted for the CMA’s consideration in 2022. As such, Microsoft today has notified the restructured transaction to the CMA and anticipates that the CMA review processes can be completed before the 90-day extension in its acquisition agreement with Activision Blizzard expires on October 18."

"Under the restructured transaction, Microsoft will not be in a position either to release Activision Blizzard games exclusively on its own cloud streaming service – Xbox Cloud Gaming – or to exclusively control the licensing terms of Activision Blizzard games for rival services."

Share:

Sources:

Report mistake   

Submit news