European Commission gives Vivendi and Activision deal a thumbs-up

The latest news regarding the Vivendi and Activision merger has come in. It looks like the new company called Activision Blizzard has been given the go-signal by the European Commission. To find out more, head on over to the full article.

The European Commission has approved the Vivendi and Activision merger which will give Vivendi a 52 percent stake in a new company called Activision Blizzard.

The Commission justified its decision by saying that its huge stake in the software industry will still face strong competition from companies such as Electronic Arts, Sony, Nintendo, and Microsoft.

The new company will have quite a stable of IPs under its belt such as Warcraft, StarCraft, Guitar Hero, Call of Duty, and Tony Hawk. It makes one wonder what impact this new player in the video game industry will be making.

Via Reuters