Microsoft forms 10-year cloud-gaming partnership with U.K.'s EE
U.K. mobile network group EE and Microsoft Corp. (MSFT) signed a 10-year cloud-gaming partnership, according to representatives from both companies Tuesday. In a tweet Tuesday, Xbox head Phil Spencer said the partnership will bring Activision Blizzard Inc. (ATVI) games to EE customers. The partnership follows others Microsoft has formed, like with Nvidia Corp(NVDA) and Nintendo , on concerns that a closed deal would hamper distribution of Activision Blizzard games to platforms other than Xbox. Microsoft shares fell 1.9% in early activity, while the Dow Jones Industrial Average rose 0.1%, the S&P 500 index gained 0.1%, and the tech-heavy Nasdaq Composite Index slipped 0.2%.
-Wallace Witkowski
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04-11-23 1004ET
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