Stock Market News

Microsoft signs Japanese licensing agreement amid Activision deal

2023.03.15 13:06


© Reuters. FILE PHOTO: Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard’s games characters in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration

By Foo Yun Chee

BRUSSELS (Reuters) – Microsoft (NASDAQ:) signed a 10-year licensing deal to bring Activision’s Call of Duty franchise to Japanese cloud gaming provider Ubitus on Wednesday, the latest move by the company to address regulatory worries about its bid for the games maker.

While Xbox maker Microsoft is likely to secure EU antitrust approval for acquiring Activision with such licensing deals and other behavioural remedies, it is facing headwinds in the United States and Britain.

“Microsoft and Ubitus, a leading cloud gaming provider, have signed a 10-year partnership to stream Xbox PC Games as well as Activision Blizzard (NASDAQ:) titles after the acquisition closes,” the chief executive of Microsoft’s gaming division, Phil Spencer, said in a tweet.

The company agreed a similar deal with cloud gaming provider Boosteroid a day earlier, on top of agreements with Nvidia (NASDAQ:), Nintendo and U.S. distributor Valve Corp, owner of the world’s largest video game distribution platform, Steam.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 84,841.73 5.31%
ethereum
Ethereum (ETH) $ 2,183.57 3.15%
tether
Tether (USDT) $ 0.999817 0.04%
xrp
XRP (XRP) $ 2.16 6.82%
bnb
BNB (BNB) $ 595.20 4.14%
solana
Solana (SOL) $ 141.12 4.53%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.203027 9.19%
cardano
Cardano (ADA) $ 0.636078 5.98%
staked-ether
Lido Staked Ether (STETH) $ 2,183.22 3.32%
tron
TRON (TRX) $ 0.232739 2.98%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,668.69 5.24%
hedera-hashgraph
Hedera (HBAR) $ 0.232187 23.44%
litecoin
Litecoin (LTC) $ 125.13 3.68%
stellar
Stellar (XLM) $ 0.303066 15.14%
chainlink
Chainlink (LINK) $ 14.52 5.21%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,603.91 2.78%
sui
Sui (SUI) $ 2.85 8.30%
avalanche-2
Avalanche (AVAX) $ 21.48 2.77%
leo-token
LEO Token (LEO) $ 9.28 2.06%
the-open-network
Toncoin (TON) $ 3.28 0.57%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 2.80%
usds
USDS (USDS) $ 0.999872 0.03%
mantra-dao
MANTRA (OM) $ 7.49 0.93%
polkadot
Polkadot (DOT) $ 4.59 0.77%
hyperliquid
Hyperliquid (HYPE) $ 19.42 0.09%
weth
WETH (WETH) $ 2,182.15 3.39%
bitcoin-cash
Bitcoin Cash (BCH) $ 311.63 10.41%
ethena-usde
Ethena USDe (USDE) $ 0.998924 0.01%
bitget-token
Bitget Token (BGB) $ 4.03 5.85%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,315.31 2.94%
uniswap
Uniswap (UNI) $ 7.34 2.67%
monero
Monero (XMR) $ 221.64 5.79%
aptos
Aptos (APT) $ 6.49 10.02%
whitebit
WhiteBIT Coin (WBT) $ 26.48 3.10%
near
NEAR Protocol (NEAR) $ 3.13 10.00%
dai
Dai (DAI) $ 1.00 0.01%
ondo-finance
Ondo (ONDO) $ 1.01 9.57%
pepe
Pepe (PEPE) $ 0.000008 0.56%
internet-computer
Internet Computer (ICP) $ 6.37 2.91%
susds
sUSDS (SUSDS) $ 1.04 0.10%
ethereum-classic
Ethereum Classic (ETC) $ 19.12 4.64%
aave
Aave (AAVE) $ 187.10 2.82%
bittensor
Bittensor (TAO) $ 321.87 4.53%
okb
OKB (OKB) $ 45.02 5.37%
official-trump
Official Trump (TRUMP) $ 13.36 17.55%
gatechain-token
Gate (GT) $ 20.61 2.18%
mantle
Mantle (MNT) $ 0.744456 5.35%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,797.72 5.56%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.268991 3.73%