Activision and Vivendi Games today jointly announced the completion of their multibillion dollar merger resulting in the creation of Activision Blizzard.
The merger was originally announced late last year, but got approved by shareholders earlier this week. The new company is valued at about $19 billion, making it one of the largest consolidations in the industry’s history.
“We are very excited about the opportunity for Activision Blizzard to create a broader entertainment software platform,” said Activision Blizzard chairman Rene Penisson. “We are determined to ‘think big’!”
Tags: BusinessRecent comments on the site:
Our Other Blogs:
Warning: shuffle() expects parameter 1 to be array, null given in /nfs/c02/h02/mnt/21463/domains/digitalbattle.com/html/wp-content/plugins/feedlist.php on line 232 Warning: array_slice() [function.array-slice]: The first argument should be an array in /nfs/c02/h02/mnt/21463/domains/digitalbattle.com/html/wp-content/plugins/feedlist.php on line 237 Warning: Invalid argument supplied for foreach() in /nfs/c02/h02/mnt/21463/domains/digitalbattle.com/html/wp-content/plugins/feedlist.php on line 408 |
|
RSS feed for comments on this post · TrackBack URI
Leave a reply
You must be logged in to post a comment.