Microsoft’s $68.7B acquisition of Activision gets the green light from the EU

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Microsoft has managed to assuage the EU’s concerns about its acquisition of Activision Blizzard King and it received the green light. The $68.7 billion deal still has hurdles to clear, e.g. it was recently blocked by the UK regulator, the FTC in the US is not on board yet either.

EU’s approval came with a condition – Microsoft is required to give a 10-year license to competing cloud gaming services to allow them to stream Activision games. Here’s a tweet from Brad Smith (Vice Chair and President at Microsoft):

Apparently, this was the key promise that won over the European…

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