Microsoft set to win EU nod on Activision with licensing offer

Image Source: theprint.in

Microsoft Company is anticipated to obtain EU antitrust permission for its 69 billion USD acquisition of Activision.

Microsoft introduced its largest-ever bid for Activision to compete with leaders Tencent and Sony.

European Commission is anticipated to make a decision on the contract by April 25.

Activision shares were up 2.6 per cent in delayed trade after rising 1.8 per cent in pre-market trading.

Microsoft was prepared to provide rivals licencing deals to resolve antitrust issues.

Microsoft revealed that it had decided to sign 10-year licensing agreements with Nintendo as well as Nvidia.

The deal is facing regulatory challenges in the United Kingdom.

UK Competition Commission has recommended that Microsoft oust Call of Duty to solve its issues.

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