Microsoft is going to buy Netflix, the largest online movie theater. It is reported by Reuters. The deal is valued at $190 billion and is scheduled to be announced in 2023.
If purchased, Microsoft can offer the game streaming service to users on their devices.
According to Reuters, the two companies “are already closely linked.” Netflix has chosen Microsoft as its advertising partner for the new subscription service, and Microsoft Chairman Brad Smith is on Netflix’s board of directors.
Microsoft has been making expensive acquisitions since CEO Satya Nadella joined the tech company in 2014. Microsoft first bought developer Minecraft for $2.5 billion, then LinkedIn for $26 billion, and developer of speech recognition software Nuance for $20 billion.
Author:
anastasia mariana
Source: RB
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
