
Update 1.18.22, 1 p.m.: Activision Blizzard CEO Bobby Kotick is expected to leave his role after the deal with Microsoft closes, a source tells The Wall Street Journal. All Activision employees will reportedly fall under the watch of Xbox head Phil Spencer after the deal is done.
Microsoft today announced its intentions to buy much-maligned gaming studio Activision Blizzard for a staggering $68.7 billion. Just when you thought Xbox’s library of intellectual property couldn’t get any bigger.