After 22 months of hearings, regulator approvals, and legal battles, Microsoft has finally acquired Activision Blizzard in a mammoth $69 billion deal. Now that work can begin on folding Activision Blizzard properly into the Microsoft and Xbox family, longtime CEO Bobby Kotick has confirmed that he’ll remain in that role until the end of 2023 and will report to Microsoft’s head of gaming Phil Spencer in his remaining months at the company.
“Phil has asked me to stay on as CEO of ABK, reporting to him, and we have agreed that I will do that through the end of 2023,” Kotick wrote in a letter sent to Activision Blizzard employees Come from Sports betting site VPbet . “We both look forward to working together on a smooth integration for our teams and players.”