Activision Blizzard finally completes transaction for merge
It’s now official AND finalized: Activision and Vivendi have finally completed all the transactions needed to seal the deal and merge into Activision Blizzard, and the union between the two major gaming outfits would open a whole lot of possibilities for the gaming industry. More details in the full article.
Since the day the merger was announced, Vivendi and Activision Games have finally completed all the transactions required to become Activision Blizzard. In a press release that was sent out recently, Activision Blizzard is touted as the “world’s most profitable pure-play online and console game publisher.”
Sounds like a pretty big claim, but we can see why with Activision Blizzard shares currently at US$ 27.50. However, it’s not all about the profits. Robert Kotick, President and CEO of Activision Blizzard explained that the merging opens up a lot of possibilities in the gaming industry for the two companies:
By combining leaders in mass-market entertainment and subscription-based online games, Activision Blizzard has leading market positions across all categories of the rapidly growing interactive entertainment software industry.
As it stands right now, Vivendi (who owns Blizzard) is now a subsidiary of Activision, and currently owns 295.3 million shares of Activision stock. Vivendi will also buy 62.6 million shares in the future, and will end up laying claim on 52 percent of Activision stocks.
What can we expect from the newly-formed Activision Blizzard then? As we have stated previously, there are the much-awaited titles such as Diablo 3, World of Warcraft: Wrath of the Lich King, and even Guitar Hero. But will they also try and merge two of their franchises, perhaps? We’re still waiting for our Guitar Hero meets World of Warcraft game, Actizard.
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