Microsoft Gaming CEO and Xbox head Phil Spencer announced Microsoft MSFT signed another 10-year partnership to stream its games, including Activision Blizzard ATVI games if the proposed $68.7 billion acquisition goes through.
What Happened: Microsoft signed a deal with Ubitus, a cloud gaming provider based in Tokyo, Japan, which is recognized for collaborating with numerous publishers to create cloud-based versions of popular games. These include The Forgotten City, Control, A Plague Tale: Requiem and Resident Evil Village for Nintendo's NTDOY Switch.
See Also: Sony Wanted To Block Activision Microsoft Merger, But May Be Giving Ammo To Antitrust Fight
"Microsoft and Ubitus, a leading cloud gaming provider, have signed a 10-year partnership to stream Xbox PC Games as well as Activision Blizzard titles after the acquisition closes. Our commitment is to give more players, more choice," Spencer tweeted.
Microsoft and Ubitus @ubituskk, a leading cloud gaming provider, have signed a 10-year partnership to stream Xbox PC Games as well as Activision Blizzard titles after the acquisition closes. Our commitment is to give more players, more choice.
— Phil Spencer (@XboxP3) March 15, 2023
Meanwhile, Microsoft Corporate Vice President Sarah Bond said: “Giving customers more choice is core to what we do. Thrilled to partner with Ubitus to give gamers yet another option for how they play Xbox PC games.”
Giving customers more choice is core to what we do. Thrilled to partner with @UbitusKK to give gamers yet another option for how they play Xbox PC games #TeamXbox 💚🎮 https://t.co/5jR2NFPGXf
— BondSarahBond🎮 (@BondSarah_Bond) March 15, 2023
At the start of the week, Microsoft revealed it entered into a 10-year agreement with Boosteroid, a cloud gaming platform headquartered in Ukraine. The objective of the deal is to expand the availability of Xbox and PC games to additional streaming services.
And recently, Microsoft established partnerships with Nintendo and Nvidia Corporation NVDA in order to alleviate regulators' concerns about anticompetitive behavior.
See Also: Sony Controls The Market, Microsoft Boss Says To Justify Activision Blizzard Deal
Photo: Matthew Manuel via Unsplash.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.