Activision known as a household brand in the gaming world is likely to soon fall placed under the Microsoft umbrella in the hope that Microsoft will take over the gaming market by launching the launch of its Xbox and PC games. This is what the deal will mean for both firms, and for the perfect gaming experience for you.

Microsoft has announced it is taking over Activision Blizzard, a major American-based game development company.

Activision Blizzard will report to Phil Spencer, CEO, Microsoft Gaming, post the acquisition.

All gaming games from Activision will be available as part of Xbox Game Pass and PC Game Pass.

In what is sure to be the largest acquisition to ever happen in gaming, Microsoft has confirmed that it will buy Activision Blizzard for $68.7 billion. To make the staggering amount more understandable, consider that the deal will be in the range of five lakhs and twelve thousand rupees. five lakh 12 thousands of crores Indian currency.

The cash-only deal was made public through Microsoft today, and following that the gaming division of Microsoft Xbox as well as Activision have both revealed plans to collaborate on future games. In its announcement, Microsoft states that it will be “the world’s third-largest gaming company by revenue” when the deal closes. It will be right just behind Tencent as well as Sony.

For those who aren’t aware, Activision Blizzard is the parent company of Activision which is a U.S.-based video game producer that has developed famous titles such as “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush.” Owing to its titles and the regular eSports events that it conducts, Activision is hugely popular with gamers.

The company has studios all over the world, and has approximately 10,000 employees. After purchase, Bobby Kotick will continue as the chief executive officer of Activision Blizzard. The company will continue to function like usual, but with the focus being on accelerating the pace of growth. The reporting to that Activision Blizzard business will be at the direction of Phil Spencer, CEO, Microsoft Gaming.Microsoft declares that this deal anticipated to be completed in the fiscal year 2023. Although it was approved by the board of directors of Microsoft along with Activision Blizzard, it is subject to the usual closing conditions as well as “completion of regulatory review and Activision Blizzard’s shareholder approval.”

What does this have for players?

Microsoft states that it plans to be a major player in the gaming market for smartphones by partnering with Activision Blizzard by its side. The company even suggests bringing franchises such as “Halo” and “Warcraft” to mobile phones in the future. It is based on Activision’s previous successes with games for mobile like “Candy Crush” to acquire the mobile gaming market.

Additionally, Microsoft also looks to extend the games available on the umbrella of Xbox Game Pass and PC Game Pass after the takeover. In a blog post posted on the Xbox website, Phil Spencer writes that Microsoft will try to include “as many Activision Blizzard games” as it can in the two subscriptions.

The popular franchises of Activision will also propel Microsoft’s initiatives to launch Cloud Gaming. It is expected to inspire “more people in more places around the world to participate in the Xbox community” by using various platforms offered by the company that Microsoft is expected to continue to promote after the acquisition.