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Activision Blizzard has announced its colossal $5.9 billion acquisition of Candy Crush creator, King, has been completed.

Chris Kerr, News Editor

February 23, 2016

1 Min Read

Newsbrief: Activision Blizzard has announced its colossal $5.9 billion acquisition of Candy Crush creator, King, has been completed.

The deal was brokered in November last year, but could only be finalized after getting the approval of King shareholders, the Irish High Court, and antitrust authorities. 

Activision Blizzard CEO, Bobby Kotick, said the publisher will now have access to over 500 million users around the globe, and will look to leverage that audience by bringing its biggest franchises to new platforms.

Following the acquisition King will still operate as an independent unit, and will continue to be led by current CEO, Riccardo Zacconi; CCO, Sebastian Knutsson; and COO, Stephane Kurgan.

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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