Why Microsoft’s $2T+ market cap makes its $68B Activision buy a cheap bet
https://techcrunch.com/2022/01/19/why-microsofts-2t-market-cap-makes-its-78b-activision-buy-a-cheap-bet/
Even though consumer gaming constitutes a small fraction of its overall business, Microsoft’s announcement yesterday of its all-cash $69 billion deal to buy Activision Blizzard proves that the technology corporation takes the sector plenty seriously.
It is easy to think that Microsoft should have invested the money into other, perhaps more lucrative businesses in its portfolio. But with a market cap just over $2 trillion (a number so large it’s hard to wrap your head around), Microsoft has vast resources to invest in the most logical parts of its business.
Why Microsoft’s $2T+ market cap makes its $68B Activision buy a cheap bet
Jan 19, 2022, 9:32pm UTC
https://techcrunch.com/2022/01/19/why-microsofts-2t-market-cap-makes-its-78b-activision-buy-a-cheap-bet/
> Even though consumer gaming constitutes a small fraction of its overall business, Microsoft’s announcement yesterday of its all-cash $69 billion deal to buy Activision Blizzard proves that the technology corporation takes the sector plenty seriously.
> It is easy to think that Microsoft should have invested the money into other, perhaps more lucrative businesses in its portfolio. But with a market cap just over $2 trillion (a number so large it’s hard to wrap your head around), Microsoft has vast resources to invest in the most logical parts of its business.