Microsoft will add many of Activision's games to Xbox Game Pass and PC Game Pass (read: Apple Hits $3T Market Cap for The First Time: ETFs to Buy ). Game Pass has reached a new milestone of over 25 million subscribers. With Activision Blizzard's nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon closing the transaction, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities. The acquisition, expected to close in fiscal 2023, will be accretive to non-GAAP earnings per share after the deal closes. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard but is subject to Activision Blizzard's shareholder approval and regulatory approvals.