Fri. 10/13 – The Activision Acquisition Goes Through
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 13 October 2023
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Meme Right Home for Friday, October 13th, 2023. |
| 0:07.5 | I'm Brian McCullough. Today Microsoft wins its big prize. |
| 0:11.3 | The EU officially opens an X investigation. VC investment activity has reached |
| 0:16.0 | its lowest level in years. Netflix dips its toe into the IRL experience business and of course the weekend long read suggestions. |
| 0:25.0 | Here's what you miss today in the world of tech. |
| 0:27.0 | Well it looks like they got them. The UK CMA has approved Microsoft |
| 0:36.9 | 69 billion dollar Activision acquisition, after Microsoft |
| 0:40.9 | restructured the deal to sell some of Activision's cloud gaming rights to |
| 0:44.3 | UB Microsoft, quoting Windows Central. |
| 0:47.1 | The biggest acquisition in gaming history is cleared to go ahead per the UK regulator. |
| 0:51.1 | UK regulator, the CMA shared on Friday that it has |
| 0:54.2 | approved Microsoft's restructured acquisition of Activision Blizzard, a deal |
| 0:59.0 | worth almost 69 billion dollars that has taken nearly two years to complete with the purchase first |
| 1:04.2 | being announced back on January 18th 2022. Activision also offered a statement |
| 1:09.4 | quote the CMA's official approval is great news for our future with Microsoft and we look forward to becoming part of the Xbox team. |
| 1:17.0 | In a note to employees, Activision noted its excitement about getting the deal through to closure. |
| 1:22.0 | Microsoft's Brad Smith also chimed into about getting the deal through to closure. |
| 1:22.6 | Microsoft's Brad Smith also chimed in to reiterate that this was the final major |
| 1:27.0 | regulatory hurdle ahead of the deal fully closing. |
| 1:30.8 | The UK regulator had initially blocked the deal citing concerns over Microsoft becoming dominant in the |
| 1:36.1 | UberNacent Cloud gaming market. Shortly after a court hearing in the US that saw the FTC |
| 1:41.2 | unable to block Microsoft's purchase, the CMA reopened negotiations with the |
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