LONDON: Microsoft has submitted a new proposal to Britain's competition regulator for the acquisition of video gaming giant Activision Blizzard, the watchdog said on Tuesday (Aug 22), after a previous version of the deal was blocked. Xbox-owner Microsoft launched a bid for Activision Blizzard early last ye
LONDON: Microsoft has submitted a new proposal to Britain's competition regulator for the acquisition of video gaming giant Activision Blizzard, the watchdog said on Tuesday , after a previous version of the deal was blocked.
It added that the new deal follows confirmation by the regulator that"the original deal would be blocked to protect innovation and choice in cloud gaming". Ubisoft will in particular have"the ability to supply Activision's gaming content to all cloud gaming service providers ". Microsoft and Activision have said they remain firmly committed to the deal and have agreed to give themselves until Oct 18 to complete the transaction.
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