Microsoft Isn’t Finished Buying Game Companies

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The Street

By Colette Bennett Activision Blizzard won’t be the last studio Microsoft acquires. Clawing your way to the top of the video game industry pyramid, in terms of pure revenue, is a very difficult task. Chinese game company Tencent (TCEHY) has been king of it for some time now with a reported $70 billion in revenue. Two of its biggest mobile games, “PUBG:Battlegrounds” and “Honor of Kings,” both bring in billions of dollars a year individually. Tencent also owns stake in a total of 41 gaming companies across many major countries, including Epic Games, Activision Blizzard (ATVI) – Get Activision B…

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