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Microsoft, Activision to Sell Cloud Streaming Rights to Ubisoft to Get UK Regulator’s Nod for $69 Billion Deal

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[ad_1] “Call of Duty” maker Activision will sell its non-European streaming rights to Ubisoft Entertainment to get the biggest deal yet in video gaming past British regulators, potential owner Microsoft said on Tuesday. Britain’s Competition and Markets Authority (CMA) is the only regulator to block Microsoft’s $69 billion (roughly Rs. 5,65,480 crore) Activision deal, in … Read more

US FTC Official Withdraws Case That Sought to Block Microsoft-Activision $69 Billion Deal

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[ad_1] The US Federal Trade Commission official on Thursday withdrew the agency’s case before an in-house judge that sought to block Microsoft’s $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction. One was in district court, which refused last week to slap … Read more