Microsoft Signs Yet Another 10-Year Xbox Agreement

General News

Summary

Despite the disappointing news coming out of the UK this week, Microsoft is forging ahead with its plans to acquire Activision Blizzard. “Microsoft and European cloud gaming platform Nware have signed a 10-year agreement to stream PC games built by Xbox on its platform, as well as Activision Blizzard titles after the acquisition closes,” Microsoft president Brad Smith announced. Microsoft has also signed 10-year commitments with Boosteroid, EE, Nintendo, Steam, and Ubitus, some for Call of Duty specifically, some for cloud gaming, and some for both. Also, Smith’s language in the tweet above can be seen as another retort to regulators in the UK CMA, which inexplicably decided to block the Microsoft acquisition of Activision Blizzard after indicating that the software giant had answered its concerns. Smith was quick to highlight that Nware is European and that it’s too early for the cloud gaming segment that is at the heart of the CMA “future crimes” complaint.

Classifications

industries
Entertainment
applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Cloud Computing Enterprise Software

Linked Companies

Microsoft
$1B+