Big Stories of 2023: The Microsoft-Activision Blizzard Deal
TechStuff
iHeartPodcasts
4.3 • 1.9K Ratings
🗓️ 31 December 2023
⏱️ 29 minutes
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Summary
Nearly two years after Microsoft announced its intention to acquire video game company Activision Blizzard, it sealed the deal. But it wasn't a sure thing. We look back on how government officials around the world nearly prevented the merger and why.
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Transcript
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| 0:00.0 | Welcome to Tech Stuff, a production from I Heart Radio. |
| 0:08.0 | Hey there and welcome to Tech Stuff. I'm your host Jonathan Strickland. I'm an |
| 0:16.4 | executive producer with I-Heart Podcasts and how the Tech are you? So as |
| 0:20.6 | 2023 winds down we're looking back on some of the big tech stories that happened this year. |
| 0:26.0 | I've mentioned this one a few times, but I figured it would be better to do a full look back on Microsoft's acquisition of Activision Blizzard, which actually obviously stretches |
| 0:36.9 | back more than a year. It was never a guaranteed deal, and there was a significant amount of |
| 0:42.1 | opposition to it all around the world. |
| 0:43.7 | So today we're going to look at how the story began and how it unfolded as well as we'll |
| 0:48.9 | speculate a little bit about the future now that the two companies have put ink to paper. Now let's start off with |
| 0:54.8 | background on Activision Blizzard. The company traces its history to the earliest days of home video game |
| 1:02.1 | markets. |
| 1:03.7 | Activision launched out of Atari |
| 1:06.0 | when a group of folks decided |
| 1:07.7 | that it might be nice to receive credit |
| 1:09.6 | and royalties for their work, |
| 1:11.6 | rather than all that sweet cash and credit going to the company itself. |
| 1:16.2 | So Activision made some real bangers like Pitfall, which if you're old like I am, you might remember fondly. |
| 1:24.3 | Compared to more recent games, of course, it's primitive. |
| 1:28.5 | But trust me, at the time, Pitfall was amazing. Skip ahead to 1991 and a guy named Bobby Kodak |
| 1:36.0 | would, along with some financial partners, |
| 1:38.0 | by a significant amount of stock in Activision. |
| 1:42.0 | He would later become the CEO of the company. That same year, the company that would become Blizzard would form. |
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