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Acquisition closed

Microsoft acquires Activision Blizzard (2023)

Microsoft completed the acquisition of Activision Blizzard on 13 October 2023 for $68.7 billion.[1]

Microsoft acquired Activision Blizzard for $95 per share in cash, about $68.7 billion, the largest acquisition ever made in the video games industry. It closed twenty-one months after announcement following contested reviews in the United States, the United Kingdom and the European Union.

The UK Competition and Markets Authority initially blocked the deal over cloud gaming and cleared it only after Microsoft divested the cloud streaming rights to Ubisoft. The FTC sued to stop it and lost its preliminary injunction bid.

Deal facts

Announced
Closed
Value
$68.7 billion (enterprise value)
Buyer
Microsoft
Seller
Assets
Activision Blizzard
Regulatory review
None recorded

Ownership changes recorded from this deal

OwnerOwnedRelationshipStakeFromTo
MicrosoftActivision Blizzardowns100%2023-10-13present

Who owns Activision Blizzard today?

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] Microsoft Corporation Form 8-K — completion of Activision Blizzard acquisition — SEC EDGAR, SEC Form 8-K, published 13 October 2023; retrieved 6 September 2026.

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