Activision buys King for 5,9 twice

Η games will acquire King Entertainment, την γνωστή εταιρεία ανάπτυξης του Candy Crush Saga, για 5,9 δισ dollars in cash.candy crush saga

King, for those who did not know, went out on the stock market last March in a public listing of 500 million dollars at a cost per share of 24 dollars.

Its initial valuation was around 7 billion dollars. In the transaction of its acquisition, its shares cost 18 dollars one.

This purchase will give Activision Blizzard the opportunity to easily enter mobile devices as well as social .

The company already dominates the PC space with big franchises like Call of Duty and World of Warcraft, while now it has 200 more casual titles, including two of the top five in a for mobile from King.

So the company now has over 1.000 titles in its library, including very popular games such as Diablo, Destiny and Guitar Hero for consoles.

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Written by Dimitris

Dimitris hates on Mondays .....

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