Microsoft Closes , Activision Blizzard Deal.<br />Microsoft Closes , Activision Blizzard Deal.<br />Microsoft's $69 billion Activision Blizzard <br />acquisition closed on Oct. 13, Reuters reports. .<br />Microsoft's $69 billion Activision Blizzard <br />acquisition closed on Oct. 13, Reuters reports. .<br />Britain's Competition and Markets Authority (CMA) approved the deal earlier that same day after <br />requiring Microsoft to sell streaming rights. .<br />The CMA blocked the deal in April <br />over concerns about Microsoft's place <br />within the cloud gaming market. .<br />The case was reopened after the Xbox maker <br />agreed to sell Activision streaming rights to Ubisoft. .<br />The case was reopened after the Xbox maker <br />agreed to sell Activision streaming rights to Ubisoft. .<br />The new deal will stop Microsoft from <br />locking up competition in cloud gaming <br />as this market takes off, preserving competitive prices and services for <br />U.K. cloud gaming customers, CMA, via statement.<br />The European Commission also approved <br />the deal in May after Microsoft vowed to <br />license Activision games to other platforms. .<br />The FTC still opposes the deal and plans to <br />hear internal arguments, but that won't stop <br />Microsoft from closing, Reuters reports.<br />Both Microsoft and Activision issued <br />statements about finalizing the deal.<br />Both Microsoft and Activision issued <br />statements about finalizing the deal.<br />We have now crossed the final <br />regulatory hurdle to close this <br />acquisition, which we believe <br />will benefit players and the <br />gaming industry worldwide, Microsoft Vice Chair and President Brad Smith, via statement.<br />The CMA's official approval is <br />great news for our future with <br />Microsoft, and we look forward to <br />becoming part of the Xbox Team, Activision Blizzard, via statement
