Activision acquisition talks began after corporate culture news broke

As many have somewhat speculated, it appears that Microsoft started engaging in conversations about acquiring Activision Blizzard around the time reports about its corporate culture were released.

As reported by VGCa regulatory filing for the acquisition shows that Microsoft Gaming CEO Phil Spencer and Activision Blizzard CEO Bobby Kotick had their first conversations about the acquisition on November 19.and. It’s only three days after the explosion the wall street journal report claiming that Bobby Kotick had knowledge of alleged sexual assaults at the company and failed to respond properly.

It is reported that after the conversation on November 19and, Microsoft followed up on a call with its CEO Satya Nadella the following day to inform Activision Blizzard of its interest in acquiring. Kotick reached out to other companies as well, perhaps to see if there were any other potential deals.

What’s clear from the filing is that Microsoft capitalized on the slew of reports describing Activision Blizzard’s corporate culture, including one where the company was sued by the state of California for sexual harassment, discrimination and reprisals against women.

As such, Microsoft is set to acquire Activision Blizzard for $68.7 billion. If the acquisition is approved, Xbox will be the primary owner of the company’s massive catalog of games such as Overwatch, Call of Duty, and more.

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Activision Blizzard Acquisition Talks Begin After Company Culture News Releases

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