Cloud business gives Microsoft a boost

Cloud business gives Microsoft a boost

The company said revenue rose to $51.73 billion in the final three months of 2021, from $43.08 billion a year earlier.

Analysts on average expected revenue of $50.88 billion, according to Refinitiv data.

Earlier this month, the company agreed to buy “Call of Duty” video game maker Activision Blizzard for $68.7 billion, the largest deal in its history, as part of a bid to build the so-called virtual world. of the “metaverse”.

With this operation, Microsoft put pressure on its rival Sony and all the suitors in the video game business, such as Google, Amazon and Tencent. The sector is undergoing great transformations with the progressive implementation of the virtual world. Microsoft had already bought in September 2020 Bethesda, creator of series such as “The Elder Scrolls” or “Fallout”, for 7,500 million dollars.

“Microsoft was quick to exclusively port Bethesda games to Xbox platforms, so gamers can expect the same to happen for Activision-Blizzard games,” said Charles-Louis Planade, expert at Midcap Partners.

“If ‘Call of Duty’ and all the Activision-Blizzard games become Microsoft exclusivities, that will put enormous pressure on Sony and everyone else who wants to get into cloud gaming. internet cloud) like Google, Amazon and Tencent”, he explains. The ‘cloud gaming’ (or continuous game) allows access to game platforms installed remote servers, without having to use machines like the XBox.

Reuters and AFP agencies

Source From: Ambito

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