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Activision Buys Candy Crush Developer For $5.9B (inquisitr.com)

Posted by Soulskill on from the no-bubbles-here-no-sir dept.

ForgedArtificer writes: Activision Blizzard purchased Candy Crush Saga developer King Interactive Entertainment last night for a cool $5.9 billion USD; about 20% above market value. The move likely leaves them owning five of the top grossing franchises in the industry. "Candy Crush is one of the most lucrative games in the world, earning some $1.33 billion in revenue in 2014 alone according to a King financial statement. The studio, which operates Candy Crush and a number of similar games including Bubble Witch and Farm Heroes, grossed $529 million in the second quarter of 2015."

1 of 132 comments (clear)

  1. We know by Anonymous Coward · · Score: 0, Offtopic

    We read that in the paper newspaper a few days ago.