Details: Microsoft’s Attempt to Acquire Activision Thwarted by Cloud Gaming rather than Consoles
In a surprising move, the decision to block Microsoft’s proposed takeover of Activision Blizzard in Britain was driven by the emerging cloud market, overshadowing the Xbox versus PlayStation rivalry. Microsoft has been working diligently for months to address concerns raised by Britain’s Competition and Markets Authority (CMA) regarding the $69 billion deal. The CMA has …