Game industry analyst MichaelPachter weighed in on the pending deal between Microsoft's Xbox and activision blizzard, which the Windows and Xbox maker is estimated to be buying for $69 billion. While the amount of money is eye-popping, Pachter thinks it's worth it. If regulators give the green light for the acquisition, activision blizzard's games could boost Microsoft's XboxGamePass subscriber base to 100 million, it said.

Microsoft reported in January that XboxGamePass had more than 25 million users.

In July, Microsoft said the FederalTradeCommission would likely approve Microsoft's Xbox acquisition of ActivisionBlizzard in August.

The deal between Microsoft and Activision Blizzard, which could happen as early as August, will see a number of IP titles, including Call of Duty, World of Warcraft, Diablo, Overwatch and Wolves, become part of Microsoft's Xbox unit.

In January, Microsoft announced it would buy game developer and interactive entertainment publisher Activision Blizzard for $95 per share in a $68.7 billion deal that is expected to close in fiscal 2023. It would be Microsoft's most expensive acquisition ever.