Microsoft (MSFT - Free Report) announced that it would be acquiring Activision Blizzard earlier this week. The $75 billion all-cash deal (largest acquisition in company history) will competitively position MSFT for the next generation of gaming in the metaverse.
This deal would rank Microsoft as the third-largest gaming enterprise on earth and #1 in the US (by revenue).
Microsoft's deepening pockets catalyzed a recent spending spree, racking up 14 acquisitions in 2021, along with 8 strategic buy-ups it made in its videogame development.
Microsoft is already involved in the nascent metaverse space with its HoloLens “Mixed-Reality” (MR) headset. This MR device is pioneering the fusion of reality and the virtual realm in a way that’s never been done before.
Microsoft took advantage of deeply discounted ATVI to meaningfully expand its videogame presence following the value-crushing allegations of workplace misconduct at Blizzard.
I see this MSFT purchase of ATVI as a revitalizing value play benefiting both enterprises. The deal solidifies Microsoft's domestic leadership in gaming and stakes its claim in the nascent metaverse. Activision Blizzard gains the managerial expertise of MSFT's nearly 50 years of leadership
Names like Call of Duty, World of Warcraft, and Candy Crush will now be a part of Microsoft's metaverse portfolio of games. ATVI is up over 25% since this announcement (still 15% below deal price), while MSFT exhibited a rare 3% acquirer bid (zealous optimism around synergies).
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Microsoft (MSFT - Free Report) announced that it would be acquiring Activision Blizzard earlier this week. The $75 billion all-cash deal (largest acquisition in company history) will competitively position MSFT for the next generation of gaming in the metaverse.
This deal would rank Microsoft as the third-largest gaming enterprise on earth and #1 in the US (by revenue).
Microsoft's deepening pockets catalyzed a recent spending spree, racking up 14 acquisitions in 2021, along with 8 strategic buy-ups it made in its videogame development.
Microsoft is already involved in the nascent metaverse space with its HoloLens “Mixed-Reality” (MR) headset. This MR device is pioneering the fusion of reality and the virtual realm in a way that’s never been done before.
Microsoft took advantage of deeply discounted ATVI to meaningfully expand its videogame presence following the value-crushing allegations of workplace misconduct at Blizzard.
I see this MSFT purchase of ATVI as a revitalizing value play benefiting both enterprises. The deal solidifies Microsoft's domestic leadership in gaming and stakes its claim in the nascent metaverse. Activision Blizzard gains the managerial expertise of MSFT's nearly 50 years of leadership
Names like Call of Duty, World of Warcraft, and Candy Crush will now be a part of Microsoft's metaverse portfolio of games. ATVI is up over 25% since this announcement (still 15% below deal price), while MSFT exhibited a rare 3% acquirer bid (zealous optimism around synergies).
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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