Microsoft signs 10-year deal with Spain's
Nware after UK blocks Activision bid
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[April 28, 2023]
(Reuters) - Microsoft
Corp has signed a 10-year deal with Spanish cloud gaming platform Nware
allowing it to stream Activision Blizzard titles, days after Britain
blocked its $69 billion buyout of the "Call of Duty" maker. |
A Microsoft logo is seen a day after
Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los
Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson |
The
deal will also allow streaming of PC games built by Xbox on
Nware's platform, according to a tweet from Microsoft's
president Brad Smith on Friday.
"While it's still early for the emerging cloud segment in
gaming, this new partnership combined with our other recent
commitments will make more popular games available on more cloud
game streaming services than they are today," Smith added.
On Wednesday, Britain's antitrust regulator blocked the deal
over concerns it would hinder competition in cloud gaming,
adding that Microsoft's commitment to offer access to
Activision's multi-billion dollar "Call of Duty" franchise to
leading cloud gaming platforms would not effectively remedy its
concerns.
The Activision deal is the biggest involving technology
companies that the Competition and Markets Authority (CMA) has
blocked.
Europe will decide on the Activision deal by May 22. The U.S.
Federal Trade Commission is also seeking to block it.
The agreement with the Spanish firm is the latest from Microsoft
to bring "Call of Duty" and other Activision titles to other
platforms. It had similar deals with Sony as well as Nintendo.
(Reporting by Tiyashi Datta in Bengaluru; Editing by Krishna
Chandra ELuri)
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