- Microsoft announced their bid for Activision in January 2020.
- This is the biggest bid ever made by Microsoft.
- The bid is to take on leaders Tencent and Sony in the booming videogaming market.
- Microsoft also wants to venture into the metaverse, which are virtual online worlds where people can work, play, and socialise.
- Microsoft is offering a licensing offer to gain EU approval of the Activision bid.