Microsoft has finally got the go-ahead for its proposed acquisition of games giant Activision Blizzard, with the UK regulatory authority giving clearance for the merger ahead of a deadline of 18 October.
Microsoft has moved a step closer to completing its acquisition with games company Activision Blizzard after the British regulator, the Competition and Markets Authority, said a revised offer made by Redmond addressed concerns it had about the deal.
Microsoft's security reputation has taken another beating, with the company releasing a number of plans for its Xbox gaming platform along with public documents submitted to the court adjudicating a case filed by the FTC over its plans to acquire Activision Blizzard.
Broadcom's purchase of VMware, first announced in May 2022, is expected to be finalised by 30 October, the company says in a statement, following the clearance of the deal by the UK's Competition and Markets Authority.
The UK competition regulator, the Competition and Markets Authority, has confirmed that it has blocked the original deal submitted by Microsoft in its bid to acquire gaming firm Activision Blizzard.
Microsoft and games company Activision Blizzard have agreed to an extension of time, until 18 October, for concluding their US$70 billion (A$103 billion) merger that was first announced in January 2022.
An agreement between Microsoft and Sony to keep the popular game Call of Duty on PlayStation after the US firm acquires Activision Blizzard, has moved the deal a step closer.
The US Federal Trade Commission is still seeking to stop the deal between Microsoft and games producer Activision Blizzard, requesting an appeals court on Thursday to put a temporary stop to the agreement soon after a federal judge refused a similar plea.
The UK regulator, the Competition and Markets Authority, has again changed its stance on Microsoft's bid to acquire gaming giant Activision Blizzard following a decision by an American court against the US Federal Trade Commission's bid to block the deal.
UK regulator, the Competition and Markets Authority has blocked Microsoft's proposed acquisition of gaming giant Activision Blizzard, saying the deal would change the cloud gaming market and lessen choice for gamers in the country.
The UK competition regulator has confirmed it is investigating the dominance enjoyed by Apple and Google in cloud gaming and mobile browsers.
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