Shulou(Shulou.com)11/24 Report--

According to news in the morning of September 23, Beijing time, Microsoft CEO Satyanadra (Satya Nadella) said that although the company's $69 billion acquisition of Activision Blizzard faces an in-depth regulatory investigation in the UK, he is confident that the deal will eventually be approved by regulators.

"of course, any deal of this size will face scrutiny, but we are confident that it will eventually be approved," Nadella said in an interview with the media. "

Nadella's forecast contrasts sharply with investor scepticism about the deal. Although Activision's shares rose on Thursday, outperforming technology stocks that tumbled that day, based on Wednesday's closing price of $75.32, the stock is still more than 20% lower than Microsoft's offer-a sign that the market is highly skeptical about whether Microsoft will be able to complete the deal.

According to Nadella, Microsoft ranks fourth or fifth in the video game industry, depending on the source of the data. Sony, number one, has recently made a number of acquisitions. "if it's about competition, let's compete." He said.

The UK Competition and Markets Authority (CMA) said earlier this month that it planned to launch a longer review. In fact, the market expected this result when CMA worried that the deal could weaken competition in the console, subscription and cloud computing markets. Activision, which owns big-name games such as call of Duty, World of Warcraft and Guitar Hero, will become the third largest gaming company in the world after its merger with Microsoft.

Earlier this year, it was reported that Microsoft had slowed down hiring and cancelled many hiring plans, including Azure's cloud computing business and security software division, as well as Windows and Office. Nadella said Microsoft added about 70,000 employees during the outbreak and will continue to expand in some areas in the future.

"We will be more cautious." He said.

Microsoft will "adopt the same model and do more with fewer resources." "We have a lot of businesses that are doing well and can continue to grow, but we are also looking at the macroeconomic situation," Nadella said. "

As Microsoft continues to grow in size and efficiency, "we can deal with these situations," he said. "

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