Did Microsoft buy Activision Blizzard for $69 billion?

Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.

How much did Microsoft pay Activision?

Microsoft valued the Activision deal at $68.7 billion when it was first announced, “inclusive of Activision Blizzard’s net cash,” though Microsoft agreed to pay $95 in cash for each share of the game-maker, closer to $75 billion.

When will Microsoft buy Activision?

When it announced the acquisition in January 2022, Microsoft committed to closing the deal by mid-July of this year or paying Activision a $3 billion breakup fee. Ultimately, it needed a little more time, and the two companies agreed to extend the deadline to mid-October.