Bobby Kotick claims lawsuit objecting to Microsoft-Activision deal was "tied to Embracer's desire to boost sales"
GamesIndustry.biz • • technology
Key Points:
- Former Activision Blizzard CEO Bobby Kotick claims a lawsuit by Swedish pension fund AP7 was intended to help Embracer gain a competitive advantage in California at Activision's expense, denying allegations that he rushed the Microsoft acquisition amid sexual misconduct scandals.
- AP7's 2022 lawsuit opposed Microsoft's $69 billion acquisition of Activision Blizzard, citing a stock price drop linked to sexual harassment and discrimination allegations, and accused Kotick of hastily negotiating the sale to avoid repercussions.
- Kotick and his legal team filed a counterclaim against Embracer, alleging AP7 and its vice chairman Emma Ihre, a former Embracer executive, acted with ulterior motives to harm Activision, while Embracer denied any coordination with AP7.
