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Microsoft and Activision plan to give up on cloud-gaming business in UK
Microsoft Activision Blizzard cooperations are planning to give up control of their cloud-gaming business in the UK. Why so? Well, a reason behind this consideration is to bring relief for regulators so that they can complete their $69 billion merger by July 18 deadline.
Eventually, this process may lead Microsoft and Activision to sell off their cloud-gaming business and rights in the UK market. This would be the largest deal in the history of the video game industry. The sale may involve the cloud-based market rights for games in the UK to a telecommunications firm, gaming, or internet-based computing company.
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While things are quite unclear, recent information reveals that Britain’s competition regulator extended its final deadline on Microsofts’s deal to August 29. The extension is the result of a detailed and complex new proposal from Microsoft that informs material changes in circumstances.
