Activision Blizzard, Electronic Arts and other public gaming firms hold $45.1 billion in cash and cash equivalents, according to venture capital firm Konvoy.
Activision Blizzard, Electronic Arts, Japan's Nintendo and other public gaming companies currently hold $45.1 billion in cash and cash equivalents, according venture capital firm Konvoy.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyThat would give them more than enough financial firepower to look at potential acquisition targets that could help them build out their intellectual property and products. Cloud gaming is a key area for Microsoft as it brings Activision into its growing portfolio of game publishers. The company is pushing its cloud gaming service, which does away with the need for traditional consoles likes its Xbox Series X or Sony's PlayStation 5, with its Xbox Game Pass subscription product.
It's a sign of how, despite the boost to the industry from Microsoft's landmark deal, the boom times for the industry in 2020 and 2021 have ebbed.
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Andy Warhol Museum in Pittsburgh plans to expand with a $45 million event venueThe Andy Warhol Museum in Pittsburgh has announced plans to expand with a $45 million event venue. The proposed entertainment project is part of the museum’s ‘Pop District’ initiative and would be built on an existing museum parking lot. Plans for the project were presented to the city’s Planning Commission on Tuesday.
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Andy Warhol Museum in Pittsburgh plans to expand with a $45 million event venueThe Andy Warhol Museum in Pittsburgh has announced plans to expand with a $45 million event venue.
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Andy Warhol Museum in Pittsburgh plans to expand with a $45 million event venueThe Andy Warhol Museum in Pittsburgh has announced plans to expand with a $45 million event venue.
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Andy Warhol Museum in Pittsburgh plans to expand with a $45 million event venueThe Andy Warhol Museum in Pittsburgh has announced plans to expand with a $45 million event venue.
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Andy Warhol Museum in Pittsburgh plans to expand with a $45 million event venueThe Andy Warhol Museum in Pittsburgh has announced plans to expand with a $45 million event venue
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Microsoft’s acquisition of Activision makes Big Tech even bigger — and harder to rein inMicrosoft made concessions to appease regulators, but acquisition shows that vertical deals can still be approved
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