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Microsoft Acquires Activision

News broke after market close yesterday that Microsoft is acquiring Activision Blizzard. The acquisition puts many gaming franchises into Microsoft’s hands, including Call of Duty, Warcraft/StarCraft, Diablo, Tony Hawk, Candy Crush, and many others. In recent years, Activision has grown its revenue and is generating healthy profits: $9B a year.  Globally, the gaming market will […]