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Activision Blizzard Finalises King Acquisition

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With the acquisition of King Digital Entertainment, Activision Blizzard is now the largest gaming network in the world with over 500 million users.

 

In the beginning of November 2015, it was announced that Activision Blizzard would be buying King for $5.9 billion. Today, Tuesday 23th February 2016, this acquisition was finalised.

 

King Digital Entertainment is a company that makes popular mobile games. Its two best known titles are Candy Crush Saga and Bubble Witch Saga.

 

As we already said, with King being a part of Activision Blizzard, the latter is now the #1 gaming network in the world and it has over 500 million users. A week ago, Blizzard executives Michael Morhaime, Frank Pearce and Chris Metzen had highlighted the importance of mobile games for the future of the company in a Venturebeat interview.

 

You can read the whole press release here.

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