UPDATE 5-Activision Blizzard buys ‘Candy Crush’ maker in mobile push

Rubric: Activision | 3 Nov 2015 | no comments yet »
UPDATE 5-Activision Blizzard buys ‘Candy Crush’ maker in mobile push

Activision Blizzard Shares Drop on $6 Billion King Digital Deal. Activision Blizzard will acquire King Digital Entertainment for $5.9 billion, or all shares for $18 per share in a mix of cash and debt financing. The creator of the addictive puzzle game Candy Crush Saga is being taken over at a 20 percent discount to its initial public offering price, the latest proof of how difficult it is to stay on top of the mobile-gaming market. The deal extends the purview of a company primarily associated with creating games like “Call of Duty” for consoles like Microsoft’s Xbox and Sony’s PlayStation into a smartphone market that is growing at a much faster rate by all estimates. That’s despite ...

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Candy Crush creator gets gobbled by Activision for $5.9B

Rubric: Activision | 3 Nov 2015 | no comments yet »
Candy Crush creator gets gobbled by Activision for $5.9B

Candy Crush bid relies on hope over experience. Activision Blizzard Inc. agreed to buy King Digital Entertainment Plc for $5.9 billion (U.S.), unifying console and PC games Call of Duty and World of Warcraft with the leading mobile game Candy Crush Saga. Activision Blizzard, which already owns many of the biggest franchises in PC and console gaming, wants to cement a leadership role in the mobile video game industry. Activision chief executive officer Bobby Kotick, who won independence from Vivendi SA in 2013, has guided the stock to a 72 per cent increase this year, third-best in the Standard & Poor’s 500 Index. But Activision has been late to the mobile revolution and slow to embrace ...

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Activision Blizzard Buys ‘Candy Crush’ Maker King

Rubric: Activision | 3 Nov 2015 | no comments yet »
Activision Blizzard Buys ‘Candy Crush’ Maker King

Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9-billion. Activision-Blizzard, which already owns many of the biggest franchises in PC and console gaming, wants to cement a leadership role in mobile video games.Wall Street stock futures are lower this morning, as Volkswagen’s problems worsen, and Standard Chartered Bank’s earnings and strategic review remind investors how much has turned sour with the slowdown in emerging markets.Video game maker Activision Blizzard Inc said it will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9-billion to strengthen its games portfolio. Imperial Tobacco Group Plc reported full-year earnings that beat analysts’ ...

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Here’s Why Activision Spent $5.9 Billion on the Creator of Candy Crush

Rubric: Activision | 3 Nov 2015 | no comments yet »
Here’s Why Activision Spent $5.9 Billion on the Creator of Candy Crush

Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9-billion. Activision-Blizzard, which already owns many of the biggest franchises in PC and console gaming, wants to cement a leadership role in mobile video games. Wall Street stock futures are lower this morning, as Volkswagen’s problems worsen, and Standard Chartered Bank’s earnings and strategic review remind investors how much has turned sour with the slowdown in emerging markets. Video game maker Activision Blizzard Inc said it will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9-billion to strengthen its games portfolio.Imperial Tobacco Group Plc reported full-year earnings that beat analysts’ ...

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Candy Crush maker King bought by Activision Blizzard

Rubric: Activision | 3 Nov 2015 | no comments yet »
Candy Crush maker King bought by Activision Blizzard

Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9-billion. Wall Street stock futures are lower this morning, as Volkswagen’s problems worsen, and Standard Chartered Bank’s earnings and strategic review remind investors how much has turned sour with the slowdown in emerging markets. Video game maker Activision Blizzard Inc said it will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9-billion to strengthen its games portfolio. Imperial Tobacco Group Plc reported full-year earnings that beat analysts’ estimates as the market share of its recently-acquired U.S. cigarette brands stabilized in the fourth quarter. Today’s must-read story is by Fortune’s ...

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Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9-billion

Rubric: Activision | 3 Nov 2015 | no comments yet »
Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9-billion

Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9-billion. Video game maker Activision Blizzard Inc said it will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9-billion to strengthen its games portfolio. Imperial Tobacco Group Plc reported full-year earnings that beat analysts’ estimates as the market share of its recently-acquired U.S. cigarette brands stabilized in the fourth quarter. Activision, which owns popular game franchises such as “World of Warcraft,” “Call of Duty” and “Diablo,” will pay $18 in cash per King share, a premium of 16 per cent to King’s closing price on Monday. Adjusted operating profit gained 2.4 percent to ...

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Activision to buy maker of ‘Candy Crush’ for $5.9 billion

Rubric: Activision | 3 Nov 2015 | no comments yet »
Activision to buy maker of ‘Candy Crush’ for $5.9 billion

Activision Blizzard Announces Agreement to Acquire King Digital Entertainment and Better-Than-Expected Third Quarter 2015 Financial Results. Video game maker Activision Blizzard Inc said it will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9 billion to strengthen its mobile games portfolio.Under the terms of the Acquisition, which has been unanimously approved by the boards of directors of both companies, King’s shareholders will receive $18.00 in cash per share comprising a total equity value of $5.9 billion and an enterprise value of $5.0 billion. ABS Partners CV, a unit of Activision Blizzard, will acquire King shares for $18 each in cash, representing a premium ...

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Activision Blizzard scoops up ‘Candy Crush’ maker

Rubric: Activision | 3 Nov 2015 | no comments yet »
Activision Blizzard scoops up ‘Candy Crush’ maker

Activision Blizzard Acquires Candy Crush Maker King Digital Entertainment For $5.9 Billion. Santa Monica – Activision Blizzard Inc. agreed to buy King Digital Entertainment Plc for $5.9 billion, unifying major console and PC games Call of Duty and World of Warcraft with the leading mobile title Candy Crush Saga. Gaming mothership Activision Blizzard has entered into an agreement to acquire King.com, maker of the wildly popular game Candy Crush and probably other games that I haven’t and will never play. The deal extends the purview of a company primarily associated with creating games like “Call of Duty” for consoles like Microsoft’s Xbox and Sony’s Playstation into a smartphone ...

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O’Donnell case is a window into Activision-Bungie creative-freedom dispute

Rubric: Activision | 7 Sep 2015 | no comments yet »
O’Donnell case is a window into Activision-Bungie creative-freedom dispute

All Of Destiny’s Major Characters Gather To Fight Oryx In ‘The Taken King’ Cinematic Trailer. Here’s a copy of the ruling in the case of Marty O’Donnell, the former composer of music for games such as Halo and Destiny, in his arbitration case with Bungie and Bungie chief executive Harold Ryan.A cinematic trailer has arrived for ‘Destiny: The Taken King.’ If the actual story is as dramatic and exciting as this trailer, then this DLC could be ‘Destiny’s defining moment. In the alliance between publishing giant Activision and famed development studio Bungie over the shooter game Destiny, that tension was evident again because of a court case that gave ...

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Two Nintendo Characters to Appear in Activision Game

Rubric: Activision | 17 Jun 2015 | no comments yet »
Two Nintendo Characters to Appear in Activision Game

‘Skylanders SuperChargers’ Dive Clops Official Reveal Keeps Things In the Family. For the third consecutive year, Nintendo did not hold a splashy live event at the conference to introduce its latest products, unlike Sony and Microsoft, its two big competitors in the game console business. Following its announcement of Skylanders Superchargers, Activision today unveiled more details and characters from its new game at the Electronic Entertainment Expo (E3) in California today. Having had a good introduction at the launch event, getting hands-on with the game at E3 revealed a solid update the Activision’s toys-to-life franchise.LOS ANGELES — Worlds are colliding for fans of Nintendo ...

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