Microsoft completes its acquisition of Activision Blizzard King

After several months of grappling with federal investigations, Microsoft has closed its deal to acquire Activision Blizzard King. The console manufacturer officially acquired the games company for $69 billion, gaining ownership of several lucrative franchises, including Call of Duty, Warcraft and Candy Crush. This follows the news earlier this morning that authorities had removed the final regulatory roadblock allowing the deal to happen.

Microsoft announced the closure of the deal, saying that Activision Blizzard King had joined Xbox. Phil Spencer added in a company blog that the company welcomed players from all platforms, saying, “You are the heart and soul of these franchises, and we are honored to have you as part of our community. Whether you play on Xbox, PlayStation, Nintendo, PC or mobile, you are welcome here – and will remain welcome, even if Xbox isn’t where you play your favorite franchise.”