Microsoft Buys ‘Candy Crush’ Owner for Almost $70 Billion, Its Largest-Ever Deal

A Candy Crush game is seen on an iPad in Miami, Fla., on Nov. 3, 2015. It was announced today that game maker Activision Blizzard has paid $5.9 billion to purchase King, the parent company of games like Candy Crush Saga and Bubble Witch Saga. Joe Raedle/Getty Images

LOS ANGELES—Microsoft is reportedly buying gaming company Activision Blizzard—which has been in turmoil over allegations of misconduct and unequal pay—for $68.7 billion, according to the Los Angeles Times.

The deal will give Microsoft ownership of games like “Call of Duty” and “Candy Crush.” It will also provide a path for Microsoft to increase its presence in the mobile gaming arena and the metaverse or virtual environments.