Post by TicMan @ 12:41pm 03/12/07 | 22 Comments
The BBC are reporting that Activision and Blizzard are merging:
The companies behind Call of Duty and World of Warcraft are merging in a deal which could shake up the global video games industry.Update: Blizzard also have a FAQ for those worried that this might affecting their mindless repetitive tasks - I mean, playing of World of Warcraft. promoted/edited forum item
Activision and Blizzard have said they will form "the world's most profitable games business" in a deal worth $18.8bn (�9.15bn).
As part of the merger plan, Blizzard will invest $2bn in the new company, while Activision is putting up $1bn.
The merged business will be called Activision Blizzard and its chief executive will be Activision's current CEO Bobby Kotick. Vivendi will be the biggest shareholder in the group.
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Posted 02:04pm 03/12/07
Posted 03:56pm 03/12/07
Posted 07:46am 04/12/07
Vivendi remains an individual company, activision does not.