The company is pushing its cloud gaming service, which does away with the need for traditional consoles likes its Xbox Series X or Sony's PlayStation 5, with its Xbox Game Pass subscription product.Ĭhapman said this would lead to 'new opportunities for emerging game developers, infrastructure companies and gaming platforms.' 'As active gaming investors, we believe that gamers and gaming startups stand to benefit from the deal as it improves the value-proposition for gamers and leads to a vibrant M&A environment for other deals to get closed,' Chapman told CNBC in emailed comments.Ĭloud gaming is a key area for Microsoft as it brings Activision into its growing portfolio of game publishers. game publisher Activision Blizzard - would likely lead to further mergers and acquisition activity and create a new generation of gaming companies. Josh Chapman, a partner at Konvoy, said the company expects the Microsoft-Activision deal - which saw the Redmond, Washington-based technology giant pay $69 billion for U.S. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit