Microsoft has completed its $68 million acquisition of gaming studio Activision Blizzard. Bobby Kotick will continue as CEO, with plans to remain in the role until the end of 2023. Kotick expressed commitment to a smooth transition and integration with Microsoft. However, he is expected to step down as early as January 1, although his contract is valid until April 2023. Other organizational changes are anticipated at Activision Blizzard, with updates to be shared in the coming months. Kotick’s successful tenure includes restructuring the company and orchestrating a merger with Blizzard in 2008.
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Microsoft Activision deal: Bobby Kotick to remain CEO until 2023
Microsoft has completed its $68 million acquisition of gaming studio Activision Blizzard. Bobby Kotick will continue as CEO, with plans to remain in the role until the end of 2023. Kotick expressed commitment to a smooth transition and integration with Microsoft. However, he is expected to step down as early as January 1, although his contract is valid until April 2023. Other organizational changes are anticipated at Activision Blizzard, with updates to be shared in the coming months. Kotick’s successful tenure includes restructuring the company and orchestrating a merger with Blizzard in 2008.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
More like this
Popular
Upcoming Events
Startup Information that matters. Get in your inbox Daily!