Microsoft on Tuesday announced plans to acquire Activision Blizzard in a blockbuster deal worth nearly $97.4 billion.It's one of the biggest acquisitions in the tech industry in recent years, one that will boost Microsoft's standing in the growing gaming industry but could be complicated by recent concerns about Activision's toxic culture.The all-cash transaction is valued at $95.6 billion (USD $68.7 billion), and Microsoft said it will make the company the third-largest gaming company by revenue, after Tencent and Sony.
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