Answer- D
1) Microsoft Corp. has agreed to acquire Activision Blizzard Inc., a game-making company, in an all-cash deal worth 68.7 billion dollar.
2) This acquisition is expected to enhance Microsoft's position in the mobile gaming business and virtual-reality technology. It will allow Microsoft to expand its offerings across mobile, PC, console and cloud platforms, and also provide building blocks for the creation of a metaverse.
3)Activision Blizzard is well-known for creating popular video games such as Candy Crush, Call of Duty, and Xbox. With the completion of the 68.7 billion dollar all-cash deal to acquire Activision Blizzard, Microsoft will become the third-largest gaming company in the world by revenue, trailing only Tencent and Sony.