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Mergers & Acquisitions

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Microsoft, Activision Deal Back in Play as UK Reopens Probe

The UK opened a fresh probe into Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition after the tech giant submitted a substantially different deal to, the country’s antitrust watchdog effectively breathing life into a deal recently thought moribund.

Microsoft Concedes Activision Cloud Streaming Rights to Ubisoft

Microsoft Corp. said it will give Ubisoft Entertainment SA the cloud streaming rights for all of Activision Blizzard Inc.’s console games released in the next 15 years in order to placate regulators reviewing its $69 billion deal for the Call of Duty maker.

SoftBank’s Arm Files for Biggest IPO of Year With Eye on AI

SoftBank Group Corp.’s Arm Holdings Ltd. took a step toward what’s set to become the biggest US initial public offering of the year, a bet that the once-obscure designer of phone chips can flourish in the era of artificial intelligence computing.