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Microsoft has completed its $68 million acquisition of gaming studio Activision Blizzard. Bobby Kotick will continue as CEO, with plans to remain in the role until the end of 2023. Kotick expressed commitment to a smooth transition and integration with Microsoft. However, he is expected to step down as early as January 1, although his contract is valid until April 2023. Other organizational changes are anticipated at Activision Blizzard, with updates to be shared in the coming months. Kotick’s successful tenure includes restructuring the company and orchestrating a merger with Blizzard in 2008.
