
Activision CEO Bobby Kotick predicted that the UK would become a tech investment "Death Valley," as opposed to a European "Silicon Valley" should it block the big Microsoft-Activision merger. His comments may end up being prophetic.
A few weeks ago, the UK CMA sensationally voted to block Microsoft's merger with Activision Blizzard (ABK). The deal is worth almost 70 billion dollars and stands to give Microsoft control over franchises like Call of Duty, Candy Crush Saga, and World of Warcraft. The deal is one of the biggest ever made and certainly the biggest gaming acquisition ever made, and it has been fraught with regulatory constraints since its inception.