Microsoft and Sony are heating up as they announce that they are each buying large gaming studios. Microsoft announced that they are buying Activision Blizzard and Sony announced that they are buying Bungie.
Microsoft has bought Activision Blizzard for $68.7 billion dollars. Activision Blizzard is famous for games like Candy Crush, Call of Duty, Diablo and World of Warcraft. This is a huge move for Microsoft ($MSFT) and Activision Blizzard ($ATVI) who are both publicly traded. This move comes as the hot topic in 2022 will be the Metaverse.
Sony ($SONY) has bought Bungie for $3.6 billion dollars. Bungie is most known for the Halo and Destiny game series. This is a huge move for Sony with the huge success of the PS5 console. This move comes as the metaverse wars begin to heat up in 2022.
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