Microsoft Buys Activision Blizzard for $68.7 Billion in the Biggest Gaming Industry Deal in History

The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition on record, will bolster its firepower in the booming video gaming market where it takes on leaders Tencent and Sony.

Microsoft Corp is buying "Call of Duty" and "Candy Crush Saga" maker Activision Blizzard for USD 68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future.

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