Friday, September 30

Historical! The purchase of Activision is the largest in the US technology sector | LevelUp

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No one expected 2022 to start with news like the purchase of Activision-Blizzard by Microsoft, a transcendent operation in the video game industry but also in the technology sector in the United States, because with what was done today, and subject to your approval which could be until 2023, Microsoft would have made the largest purchase in history.

Microsoft has made history with the purchase of Activision-Blizzard

According to information from CNBC, the purchase of Activision-Blizzard by Microsoft, closed at $68,700 million, has become the most expensive operation carried out by the North American company and is already the largest in the US technology sector. The foregoing after the figure recorded by the operation involving the video game industry exceeded the purchase of DELL | EMC carried out in 2016 and that was carried out between the computer company and the company specialized in services for that sector, which closed at the time at $67 million dollars.

With this purchase, which must go through an approval process before the corresponding authorities, Microsoft far exceeded its previous most expensive acquisition, the purchase of LinkedIn for which it had to pay $26 million.

The operation with Activision-Blizzard is considered a great long-term business

On the other hand, the report refers to interesting data, such as the proportional part that the purchase of Activision-Blizzard represents, taking into account that Microsoft currently has a value of $2.3 trillion, so the operation represents a small part.

In the same way, it is reported that Microsoft made the decision to pay in cash (transfer) to the majority shareholders of Activision-Blizzard thanks to its availability of $130 million dollars for this type of operation.

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Regarding the perception of the purchase in the stock market, the report cites the statement of the analyst Piper Sandler, who considers that it represents a great deal in the long term: “the offer to acquire ATVI for $68.7 billion represents the largest acquisition in history but also brings attractive strategic value, particularly within the consumer technology sector, where Microsoft has a smaller product portfolio Games and advertising represent 2 segments that combined represent a $1000 incremental stock earning opportunity MDD for Microsoft in the long run.”

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