*Shocker*
Activision has officially bought out King and has officially acquired the addicting mobile game, ‘Candy Crush’. Activision were able to acquire the company for an outstanding purchase of $5.9 billion. Although the company announced the purchase today, the deal will not be complete until at least Spring 2016.
Stay tuned for updates on the deal, but for now check out their Press Release below informing the public on why the acquisition was made.
Activision Blizzard believes that the addition of King’s highly-complementary business will position Activision Blizzard as a global leader in interactive entertainment across mobile, console and PC platforms, and positions the company for future growth. The combined company will have a world-class interactive entertainment portfolio of top-performing franchises, including two of the top five highest-grossing mobile games in the U.S. (Candy Crush Saga®, Candy Crush Soda Saga™), the world’s most successful console game franchise (Call of Duty®), and the world’s most successful personal computing franchise (World of Warcraft®), as well as such well known franchises as Blizzard Entertainment’s Hearthstone®: Heroes of Warcraft™,StarCraft®, and Diablo® and Activision Publishing’s Guitar Hero®,Skylanders® and Destiny, along with over 1,000 game titles in its library.
