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Blizzard and Activision Announce $18.8bn Merger

Posted by Zonk on from the jigaa-whaaaaa dept.

Ebon Praetor writes "The BBC reports that Blizzard and Activision have announced an $18.8bn merger. Activision's CEO, Bobby Kotick, will become the head of the joint company, while Vivendi, Blizzard's current parent company, will become the largest single investor in the new group. Even with the size of the merger, the combined company will still be smaller than the industry giant EA. '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 ... Vivendi will be the biggest shareholder in the group.'"

4 of 298 comments (clear)

  1. A dupe in itself? by hysma · · Score: 5, Funny

    Not too often the summary itself IS the dupe...

  2. I can't wait until I can buy their games. by Seumas · · Score: 5, Funny

    I can't wait to start buying their games and various swag -- all emblazoned with the new Blactavision logos!

  3. Re:World Of Warcraft by Anonymous Coward · · Score: 5, Funny

    Yes, obviously they bought Blizzard out so that they could nerf warriors; it had nothing to do with the money.

  4. Re:(Shudder...) by cdomigan · · Score: 5, Funny

    I seriously hope that the new overlords don't mess with this Not the end of the world if they do - you can always SPAWN MORE OVERLORDS