Earlier this month, Microsoft (MSFT) completed its $69 billion acquisition of video game company Activision Blizzard (ATVI). The tech giant reported mixed results for its gaming segments in its fiscal first-quarter earnings on Wednesday— gaming hardware revenue declined, but content/services and overall gaming revenues increased. Yahoo Finance’s Dan Howley explains the extensive gaming portfolio Microsoft will gain in marketing its Xbox platform, including popular franchises like Call of Duty. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Microsoft spent a lot of money on Activision, even though it will only be a small part of the business.
Microsoft (MSFT) has gone through with its $69 billion acquisition of game developer Activision Blizzard (ATVI), bolstering the tech giant's already sizable occupancy in the gaming landscape. Yahoo Finance Tech Editor Dan Howley highlights what the monumental deal to offer Microsoft in the PC gaming landscape and future cloud gaming prospects, and how the company can capitalize on Activision's mobile gaming segment. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.