Microsoft-Activision Merger Given Green Light In New Zealand

Expert Verified By

41 Countries Approved The Deal!

Since its announcement, the $68.7 billion Microsoft-Activision merger has been through many ups and downs. Over a year later, the deal has not been completed because of issues with regulatory bodies, but Microsoft has almost crossed the finish line.

Numerous nations, including Serbia, South Africa, and Japan, have approved the acquisition. Recently, New Zealand joined the countries in approval of the Activision Blizzard acquisition.

Why it matters: New Zealand was among the remaining countries that had not shared a final verdict. This approval ensures Microsoft is another step closer to completing the acquisition.

Microsoft Activision Blizzard Acquisition

After the recent case decision against the FTC, this approval from New Zealand marks yet another victory for Microsoft. This approval raises the total number of countries approving the deal to 41.

The CMA and FTC have been two of the major obstacles for Microsoft. Both regulatory agencies opposed the merger and hoped to stop it at all costs, believing it would be anti-competitive.

However, Microsoft is now free to proceed with the $68.7 billion acquisition after Xbox won the case against the FTC. Following the verdict, the CMA has begun talks with the gaming giant, hoping to reach a middle-ground for the merger.

While Sony had been against the merger since its announcement, the gaming giant recently signed a 10-year contract with Microsoft for Call of Duty. Despite its intentions, Sony did not have much choice after the FTC’s loss against Microsoft.

Following New Zealand’s approval, only a few regions, like the UK, remain undecided. However, talks with the CMA are underway, and the merger is all but confirmed to be completed this year.

Things have been quite troublesome for Microsoft since the gaming giant decided to purchase Activision Blizzard. The deal was announced on January 18 last year, but the drawn-out saga is quickly reaching its conclusion.

Therefore, Microsoft is expected to become the owner of Activision Blizzard and all of its IPs before the end of 2023.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Gear Up For Latest News

Get exclusive gaming & tech news before it drops. Sign up today!

Join Our Community

Still having issues? Join the Tech4Gamers Forum for expert help and community support!

Latest News

Join Our Community

104,000FansLike
32,122FollowersFollow

Trending

Ubisoft Confirms Multiple Delays To Major Games To Focus On Quality

Ubisoft's latest financial report reveals that the publisher has pushed back various important projects to focus on quality.

Sony CFO: New Leadership Prioritizes Financial Discipline and Engagement Over Unit Sales

There have been two major changes at Sony because of the new leadership: more focus on MAU and financial discipline within the studios.

Resident Evil 9 ‘100%’ To Be Revealed This Year With A Release Set For 2026, Confirms Insider

According to a reliable insider, Resident Evil 9 is 100% being revealed this year, with a release set for 2026.

Nintendo President Finally Admits The Switch Wasn’t Powerful Enough

Nintendo president has admitted that the Switch isn't powerful enough and enhanced processing capabilities aren't possible with it.

Konami Has Reported Its Most Profitable Fiscal Year In Over A Decade

Konami saw a robust increase in its net profit, making ¥74.7 billion ($509 million) in net profit, its best numbers in the last 10+ years.