In an announcement that has rocked the gaming industry, Microsoft has announced it plans to acquire Activision Blizzard . In an announcement posted to the Xbox Wire , Phil Spencer(CEO at Microsoft Gaming) confirmed the seismic news in a deal that's worth an eye-watering $68.7 billion. Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction, inclusive of Activision Blizzard's net