Activision Blizzard Purchases King for $5.9 Billion

Activision Blizzard Purchases King for $5.9 Billion - 2015-11-03 07:02:26

In a move that gives Activision Blizzard a foothold in the mobile market, they have purchased Candy Crush Saga developer King.

This deal worth $5.9 billion would be a major push into the mobile space by the publisher. Known for the Call of Duty franchise, along with the hugely popular World of Warcraft. This deal would give them access to a community of 350 million users and would quickly make it one of the biggest mobile developers in the world.

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

This move comes weeks before the launch of the hotly anticipated Call of Duty: Black Ops 3,  and if trends hold true, this will be one of the biggest releases this holiday season.

<div data-conversation-spotlight></div>

Latest Stories

OMEN1

HP Omen 45L ATX PC Case Review

HP Omen 45L ATX PC Case impresses with its unique design, build quality, and ease…

announcing-madden-nfl-24-2023

Madden NFL 24 Preview: New AI, Animations & More

My experience with Madden NFL 24 at EA, including extensive play time of the unfinished…

Game Page Featured Unholy Inits

Unholy Preview: Blurring the Lines Between Real and Otherworldly

The Unholy Demo is coming soon and we got to take a look at the…

thumb 32EF4968 9D9A 4AB5 83BC 3DBC7C61D1A1

Transformers: Rise of the Beasts (2023) Review

Despite the overreliance of nostalgia and a bland third act, Transformers: Rise of the Beasts…

The Devil Comes at Night Keeps Canadian Horror Alive

The Devil Comes at Night Keeps Canadian Horror Alive

CGMagazine spoke with The Devil Comes at Night Writer/Director Scott Leaver and Writer/Actor Adrienne…