What you need to know
- Microsoft announced that it wanted to acquire Activision Blizzard for $69 billion back in January 2022.
- Activision Blizzard is a large gaming holding company known for extremely popular franchises such as Call of Duty, World of Warcraft, and more.
- The United States FTC attempted to block the deal for the last several months but finally lost the lawsuit when a California judge sided with Microsoft.
- An internal chat log released as part of the FTC’s block attempt reveals that Microsoft leaders were expecting the next Xbox console to release in 2028.
By now, the historic ruling of the Xbox vs. FTC lawsuit is a well-known win in favor of Microsoft. For those who need a reminder, Xbox’s leaders announced their intention to acquire Activision Blizzard back in January 2022 but were soon met with opposition in the form of the United States Federal Trade Commission (FTC), which attempted to block the deal. However, as of July 2023, California Judge Jacqueline Scott Corley ruled in favor of Microsoft, allowing the company to close its deal with the renowned gaming holding company. This allows Xbox to bring Activision Blizzard’s popular titles such as World of Warcraft, Diablo, Call of Duty, Overwatch, and more under its own name.
As is the case with any court proceedings, several court documents relating to the Xbox vs. FTC lawsuit have been released that give more details about the companies involved, including information that some companies would prefer to remain secret. One such interesting revelation comes thanks to an internal chat log from a meeting in May 2022 wherein Microsoft executives including Head of Gaming Phil Spencer, CEO Satya Nadella, and CFO Amy Hood were in attendence. During the meeting, it was mentioned that the next Xbox console had a launch plan for 2028 (thanks, Axios). It is very likely that those involved never expected this conversation to be made public.
Here is the conversation as reported by Axios:“Is the plan for 2028…
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