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Vivendi and Activision to Create Activision Blizzard
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Posted by Donster on: 2007-12-03 16:31:00 507
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Activision and Vivendi today announced that they have signed a definitive agreement to combine Vivendi Games, Vivendi's interactive entertainment business - which includes Blizzard Entertainment's World of Warcraft, the world's #1 multi-player online role-playing game franchise - with Activision, creating the world's largest pure-play online and console game publisher. The new company, Activision Blizzard, is expected to have approximately $3.8 billion in pro forma combined calendar 2007 revenues and the highest operating margins of any major third-party video game publisher. On closing of the transaction, Activision will be renamed Activision Blizzard and will continue to operate as a public company traded on NASDAQ under the ticker ATVI.
PRESS RELEASE
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News Source: Email
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