Guess the horrible company culture and sexual harassment scandals didn’t scare them off. Are we happy about this? Who will be the next acquisition? Roblox? https://www.theverge.com/2022/1/18/22889258/microsoft-activision-blizzard-xbox-acquisition-call-of-duty-overwatch
Tech Industry
Yesterday
2663
Crossed a line with my boss
Tech Industry
Yesterday
1030
Help to Choose Offer
Tech Industry
Yesterday
1918
Cute girl on the floor
Tech Industry
Yesterday
1813
I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
Tech Industry
Yesterday
1035
Update: Trans Coworker Stealing Breast Milk
what's with that number in the title
To bring you here to comment. Sorry mate.
You got me
Apple should start doing similar large acquisitions otherwise it’s going to get left behind. TimeWarner + Discovery would be the place to start.
Inb4 Apple acquires Disney
As a consumer, I wonder what Apple could do with Disney’s theme parks 😱
It won’t go through, this is anti-competitive af against Sony and Meta.
I doubt they would announce it if it was so clear it wouldn’t go through. Experts who have weighed in already said that they think it will go through.
Lots of acquisitions were announced that didn’t go through. FB giphy, Visa plaid, NVDA arm, etc etc
Even with this acquisition Microsoft is the third largest publisher behind Tencent and Sony, so no, not a monopoly.
Doesn’t need to be a monopoly to be anti-competitive
@goem Don't be evil.
What’s the biggest acquisition deal till date ? Wondering if I’ve seen anything bigger than this.
AOL + Time Warner 182B adjusted for inflation around 270B year 2000
LOL
Too bad, it could have been $69 billion! Just missed it
Not if you round it ;)
That’s what she said!
is buying blizzard stocks now worth it?
This ..
If you look, their stock already soared 27% on the announcement of the deal and they are currently priced at $65B. This is because that little gap to $68B represents the risk that investors see in the deal potentially falling through. As always, everything is priced in, no matter what anyone says.
Damnnnnn
Holy f, all-cash? What are MS’s cash reserves like?
Checked online. It was ~130B in 2019. Probably around 180-200B now.
Check this out: $137b, still behind apple and alphabet https://www.investors.com/etfs-and-funds/sectors/sp500-companies-stockpile-1-trillion-cash-investors-want-it/
Thanks for showing us $68.7B without decimals
You’re welcome, it’s more clickbait that way because people will come to comment on it 😉
Lol ok that was legit well played 😁 but isn’t clickbait more like “Find out how Nadella found the $69B to fund the acquisition..you’ll never guess” or something like that? 😂