In an interview with CNBC's Becky Quick on " Squawk on the Street," Kotick said the deal came through after he realized Microsoft had the technology to push Activision forward in the burgeoning competition between tech companies to build the metaverse. It's not a fully immersive experience and is mostly used for business applications. Microsoft does sell an augmented reality headset called HoloLens, but that device paints digital items on top of the real world. Still, Microsoft does not yet have an affordable, consumer-grade virtual reality headset that would be necessary to fulfill the vision for the metaverse. That means Nadella sees an opportunity for many software makers to create many different virtual worlds in the future, instead of one dominant company controlling most of the activity.
"When we think about our vision for what a metaverse can be, we believe there won't be a single, centralized metaverse," Nadella said on a call Tuesday morning where he discussed the deal. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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