Microsoft’s agreed acquisition of Activision Blizzard landed with huge impact, laying the groundwork for their move into the virtual world of the future.
Despite the clear link between this deal and Microsoft's move towards the metaverse, at this early stage, the deal is more of a marketing exercise. The focus for building the metaverse today, should be on innovation, especially in regards to the underlying technologies. Earlier stage businesses could be pioneers in some of these key areas, rather than the blockbuster deals we are currently seeing. While its true scale will not be seen for a few years yet, the investment into these building blocks has already begun. The gaming sector is already an attractive space for investors, ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes