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We already told you that Microsoft has bought the company behind Call of Duty and Candy Crush, Activision Blizzard.

The tech giant bought the company in an all-cash deal for $68.7 billion.

“Now that’s an absolutely tremendous deal for Microsoft, it’s actually the biggest deal in the company’s history,” Says Sky News presenter Ian King

“It’s bought companies in the past, like Skype and LinkedIn, but that’s a whole different ball game at $68.7 billion.

“The reason is that Microsoft really wants to expand its presence in gaming.

“If this deal goes through, Microsoft will become the third largest gaming company in the world by revenue, behind Tencent, a Chinese company, and of course Sony, the maker of the PlayStation.

“Microsoft already has gaming interests of its own, mostly through Xbox, but it wants to get more exclusive content to sell through these companies.

“So buying Activision is really going to put it in a strong position.

“However, that’s not the end of the story, it’s very likely that regulators will look into it as Activision is really one of only two major global game makers now, the other being EA, the maker of Fifa.

“There is some consolidation in the industry and I think regulators will be interested to see how much of the game IP stake Microsoft will get if this deal goes through.”

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