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After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Gamers play the video game “Star Wars Battlefront II” during the “Paris Games Week” on Oct. 31, 2017.

Chesno

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could lead to greater consolidation in the $188 billion video games market, according to a new report from venture capital firm Konvoy, which was shared exclusively with CNBC.

The likes of Activision Blizzard, Electronic Arts,…


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