Microsoft's $68.7 billion acquisition of Activision Blizzard is by far the largest deal in its history. Activision Blizzard will report to longtime Microsoft exec Phil Spencer as the new CEO of Microsoft Gaming. Microsoft is aiming to vault itself into the upper echelon of video games with its $68.7 billion deal to acquire Activision Blizzard said Microsoft CEO Satya Nadella in a statement announcing the deal. Microsoft says the deal will make it the third-largest gaming company by revenue who will have the new title of CEO of Microsoft Gaming. Microsoft Image Microsoft says it expects the deal to close in its 2023 fiscal year according to data published today by the NPD Group research firm. Activision Blizzard’s Call of Duty Activision Blizzard CEO will bring Microsoft some of the most iconic franchises in modern gaming Microsoft said. After the deal closes

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