One term you would have heard a lot about lately is acquisition. It’s an important one to understand. An acquisition is where one company buys another and takes ownership of it. Over the last few years there’s been a lot of acquisitions in the video games industry, each one bigger than the last.
The major news is that Microsoft, makers of Xbox, has acquired Activision-Blizzard in one of the richest deals in history. The company paid over $90 billion dollars, but now Xbox owns some of the biggest brands in gaming history. We’re talking Call of Duty, Skylanders, Crash Bandicoot, Diablo, Overwatch, World of Warcraft, Tony Hawk, Guitar Hero and countless more franchises. Wow!
It comes just after Microsoft acquired Bethesda for over $10 billion. That gave them series like…
