Microsoft CEO is 'Very Confident' the Activision Blizzard Deal Will be Approved - NewsWilliam D'Angelo , posted 4 days ago / 2,726 Views
Microsoft CEO Satya Nadella speaking with Bloomberg discussed the Activision Blizzard acquisition and said he is "very confident" the deal will be approved even as the Competition and Markets Authority (CMA) in the UK will be doing a more in-depth investigation into the deal.
"Of course, any acquisition of this size will go through scrutiny, but we feel very, very confident that we’ll come out," said Nadella.
Nadella added that Microsoft is the fourth or fifth biggest competitor in the video game industry and Sony as the number one player has made several recent acquisitions. "So if this is about competition, let us have competition," he said.
The Microsoft CEO believes that Microsoft will be able to cope with a weaker economy and rising inflation, and at the same time help its customers endure.
"The constraints are real—inflation is definitely all around us," he said. "I always go back to the point that in an uncertain time, in an inflationary time, software is the deflationary force."
Microsoft will work on "ensuring that our customers are able to do more with less," said Nadella. "So in terms of outlook, I am optimistic about Microsoft’s value proposition. I’m optimistic about our share, but we are not immune from anything that is a macroeconomic headwind."
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.