Microsoft announces acquisition of Activision Blizzard for about 8 trillion yen, will CEO Cotic, who is in the midst of sexual harassment problems, retire after the acquisition is completed?
Microsoft has announced that it will acquire
Welcoming the Incredible Teams and Legendary Franchises of Activision Blizzard to Microsoft Gaming --Xbox Wire
https://news.xbox.com/en-us/2022/01/18/welcoming-activision-blizzard-to-microsoft-gaming/
Microsoft to acquire Activision Blizzard to bring the joy and community of gaming to everyone, across every device --Stories
https://news.microsoft.com/2022/01/18/microsoft-to-acquire-activision-blizzard-to-bring-the-joy-and-community-of-gaming-to-everyone-across-every- device /
Microsoft buying Call of Duty maker Activision Blizzard for nearly $ 70bn • Eurogamer.net
https://www.eurogamer.net/articles/2022-01-18-microsoft-near-deal-to-buy-call-of-duty-maker-activision-blizzard-report
On January 18, 2022 local time, Microsoft announced that it would acquire Activision Blizzard on its official blog, Xbox Wire. Activision Blizzard owns a studio that develops a number of popular titles such as Call of Duty , Warcraft , Diablo , and Overwatch.
Under the umbrella of Activision Blizzard, game studios such as Activision Publishing, Blizzard Entertainment, Beenox, Demonware, Digital Legends, High Moon Studios, Infinity Ward, King, Major League Gaming, Radical Entertainment, Raven Software, Sledgehammer Games, Toys for Bob, Treyarch, etc. Has approximately 10,000 employees worldwide. In addition, Microsoft and Activision Blizzard have agreed to the acquisition, but Activision Blizzard and Microsoft's game division will continue to operate independently until the acquisition transaction is actually completed.
'Once the acquisition is complete, Microsoft's paid subscription service, Xbox Game Pass , will offer as many Activision Blizzard titles as possible. Both existing and new Activision Blizzard titles will be added. 'Phil Spencer, Executive Vice President of Gaming at Microsoft, wrote. In line with this, Spencer also announced that the number of Xbox Game Pass subscribers has exceeded 25 million.
'We believe that creative success and autonomy are inextricably linked to treating everyone with dignity and respect,' as Microsoft appreciates individual studio culture. We are all teams. And binds all leaders to this commitment. We look forward to expanding the culture of active inclusion to a good team across Activision Blizzard. '
Activision Blizzard CEO Robert Kotick was also reportedly aware of the company's sexual harassment and sexual violence , and criticisms of him persist. 'We will continue to be CEO of Activision Blizzard, and he and his team will focus on further strengthening our internal culture and driving efforts to accelerate business growth,' Microsoft said of CEO Cotic. It is stated, and the treatment after the acquisition is not disclosed.
However, according to The Wall Street Journal, CEO Cotic has agreed to leave Activision Blizzard after the acquisition is complete. About this, game media Eurogamer.net said, '(CEO's resignation) will probably pay a fair amount of severance pay, which isn't the resignation that many expected, but at least if the press is correct. Yes, it will be gone. ' The severance pay to be paid to CEO Cotic is $ 264,524 (about 30 million yen) in the case of 'dismissal for a reason', and in the case of 'dismissal without reason' or 'legitimate dismissal by an employee'. 265,175,849 dollars (about 30 billion yen), 292,973,341 in the case of 'dismissal without reason' or 'legitimate dismissal by employee' or 'legitimate dismissal by employee due to change of control' It is a dollar (about 34 billion yen).
A propos of nothing, here's how much Activision Blizzard is to pay Kotick if he is terminated as a result of a change of control of the company, per his employee agreement pic.twitter.com/JEA5zexmI1
— Alex (@gamesbizuk) January 18, 2022
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in Game, Posted by logu_ii