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Activision Blizzard, which built an empire on video games for consoles and PCs, is buying the maker of the addictive Candy Crush Saga, one of the most popular titles for mobile devices.

Activision, who are traditionally game makers for consoles with titles like Call Of Duty and Destiny, will be making their first big step into the mobile market with this.

The buyout will be completed by Spring of 2016, and a statement on the deal reads:

“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 revenues and profits solidify our position as the largest, most profitable standalone company in interactive entertainment,” said Activision Blizzard CEO Bobby Kotick.

“With a combined global network of more than half a billion monthly active users, our potential to reach audiences around the world on the device of their choosing enables us to deliver great games to even bigger audiences than ever before.”

http://36posts.com/2015/11/activision-buys-candy-crush-saga-for-5-9-billion/

I doubt if that s,tupid game is worth that much.

braine:
I doubt if that s,tupid game is worth that much.

Dont call it stupid game bro

Inventor of Candy Crush just sold his company for 6 billion dollars... Video games are for kids, my parents said. Get a real job, they said....

Activision Blizzard bought King for $5.9b. Not a single game. King has quite an array of puzzle games, however Candy Crush is the most well known... Kind of staggering though.

That's more than what AMD is said to be worth.

i doubt the authencity of this news, Activisions net worth is not up to 6Bill so they cant buy a game for that price.

blowjanet:
i doubt the authencity of this news, Activisions net worth is not up to 6Bill so they cant buy a game for that price.

Yes they are. $19 billion. That's Activision Blizzard by the way.

Probably going to be paying some of that in stock possibly.

ok makes sense then. thanks for the clarification

HyDef:
Yes they are. $19 billion. That's Activision Blizzard by the way.

Probably going to be paying some of that in stock possibly.