Activision Blizzard Acquires Sweet Crush Maker King Digital Leisure For $5.9 Billion
Properly right here’s a blockbuster acquisition for you. Gaming mothership Activision Blizzard has entered into an settlement to accumulate King.com, maker of the wildly well-liked recreation Sweet Crush and doubtless different video games that I haven’t and can by no means play. Cellular. Video games. It’s all the scorching issues.
Right here’s what Activision needed to say:
On November 2, 2015, Activision Blizzard, Inc. and King Digital Leisure plc introduced the signing of a definitive settlement beneath which ABS Companions C.V., an entirely owned subsidiary of Activision Blizzard, will purchase all the excellent shares of King for $18.00 in money per share, for a complete fairness worth of $5.9 billion.
Activision Blizzard believes that the addition of King’s extremely-complementary enterprise will place Activision Blizzard as a worldwide chief in interactive leisure throughout cellular, console and PC platforms, and positions the corporate for future progress. The mixed firm could have a world-class interactive leisure portfolio of prime-performing franchises.
Many jokes have been made because the announcement hit the wire Twitter.
Activision acquires Sweet Crush maker King Digital Leisure for $5.9B within the largest unintentional in-app buy in historical past.
— sean rose (@sean_a_rose) November three, 2015