This is stated in the press release of the corporation.
Microsoft announced that it is buying Activision Blizzard for $95 per share.
The total amount of the transaction will be $68.7 billion. The transaction is expected to close in fiscal year 2023.
Microsoft says it will become the world's third-largest gaming company after Tencent and Sony after the deal closes.
Activision Blizzard is one of the leading manufacturers in the video game market.
The company's hit games include World of Warcraft, Call of Duty, Diablo and Guitar Hero.
Earlier it was reported that the division of the American corporation Microsoft to combat cybercrime achieved through the court the blocking of a number of sites allegedly associated with the Nickel hacker group from China.