Microsoft’s Activision Blizzard Acquisition Closer to Being Approved by E.U. Commission

Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard is seemingly one step closer to becoming a reality. According to Reuters, the European Union’s European Commission will likely approve the blockbuster deal after Microsoft made concessions to both Nvidia (NVDA) and Nintendo (NTDOY)

In February, Microsoft announced it reached agreements with Nintendo and Nvidia to bring its games, including the wildly popular “Call of Duty” to the competitors’ platforms for the next 10 years.

For Nintendo that means Activision Blizzard games like “Call of Duty” will be available on its Switch and future consoles. Nvidia, meanwhile, will be able to offer “Call of Duty” and other Activision Blizzard titles via its Nvidia Geforce Now cloud gaming platform. Nvidia opposed the acquisition until the last-minute deal with Microsoft.

Read the source article at sg.news.yahoo.com