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Activision Blizzard becomes 'largest game network

Blog post   •   Jul 19, 2016 02:01 EDT

Activision Blizzard, already one from the largest gaming publishers within the business, has now grown further. The company today announced it's completed its purchase of Candy Crush developer King Digital Entertainment. The company paid $18 for every outstanding share, for any total buyout cost of $5.9 billion.Activision Blizzard originally announced its intention to get King in November 2015, where time it said hello expected the deal to become finalized by spring 2016.

According to Activision Blizzard CEO Bobby Kotick, using the acquisition of King, the business's games now reach over 500 million users. This may be the "largest game network within the world," he explained. Activision Blizzard "We see great opportunities to produce new methods of audiences to see their favorite franchises, from Candy Crush to World of Warcraft to Call of Duty and much more, across cellular devices, consoles, and private computers," Kotick said inside a statement.

For his part, King CEO Riccardo Zacconi said, "We are thrilled to certainly be a a part of Activision Blizzard and may't wait to begin working together.(Here are some fun games and cheap RS gold .If you like, please pay more attention to.)I wish to thank everyone at King for all of the hard work since we founded the organization 13 years back.