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

CTOnews.com April 30 news, Activision blizzard CEO Bobby Kotick (Bobby Kotick) recently accepted foreign media CNBC interview, continue to the British CMA to prevent Microsoft from acquiring Activision Blizzard decision to fight back. He said more mergers should be allowed to compete with companies such as Tencent.

"I think at some point regulators will realise the loss of a lot of high-paying jobs from technology companies in Europe and the US," says Mr Kotick. I focused on byte jumping, Tencent, which are the best companies in their respective industries in the world, and US companies must be able to integrate or merge if they are to compete. "

Mr Kotick added that Activision Blizzard would continue to move forward if the deal could not be completed. "We are a strong company and we will continue to operate as an independent company regardless of whether the deal is approved or not, and it will become more challenging when operating in the global market."

The report also said that Kotick seems to suggest that if Activision Blizzard is acquired by a big company like Microsoft, this kind of employee turnover will not happen, because the industry needs to integrate to compete with companies such as Tencent, so it is very important to retain employees.

The same interview also revealed that if the acquisition is blocked, Microsoft will have to pay a "break-up fee" of $3 billion (CTOnews.com Note: currently about 20.76 billion yuan).

On April 26, the UK Competition and Market Authority (CMA) announced its opposition to Microsoft's $69 billion (currently about 477.48 billion yuan) acquisition of Activision Blizzard to protect innovation and choice in cloud games.

Brad Smith, president and chief legal officer of Microsoft, said he was dissatisfied with CMA's assessment and would appeal. "We remain fully supportive of the acquisition and will appeal... CMA's decision rejects a pragmatic approach to competition and hinders technological innovation and investment in the UK."

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