Activision CEO: U.K. could be ‘Death Valley’ if Microsoft deal blocked, WC says

Activision Blizzard (ATVI) CEO Bobby Kotick said in a television interview on CNBC that the U.K.’s CMA potentially blocking the company’s takeover by Microsoft (MSFT) could make the U.K. a tech investment "Death Valley," Windows Central’s Jez Corden reports. "Well, if you look at the U.K., and you think of the post-Brexit U.K., it’s probably the first country where you’re seeing a recession," Kotick said. "The real severe consequences of recession. If you’re the U.K., with an incredibly educated workforce, places like Cambridge where the best AI and machine learning is, I would think you’d want to embrace a transaction like this where you’re going to see job creation and opportunity. It isn’t at all about whether it’s Sony or Microsoft’s platform, it’s about the future of technology. Rishi Sunak has said that he wants the U.K. to be seen as the Silicon Valley of Europe. If deals like this can’t get through, they’ll not be the Silicon Valley, they’ll be the Death Valley." Reference Link