Activision & Vivendi to merge
Good morning all.
Although i am taking the day off today and thought i would post only later in the day i saw this piece of news and couldn’t resist.
Activision (publishers of COD4 and Guitar hero3) and Vivendi (owners of Blizzard and thus World of Worldcraft have announced that they are merging. The new company will be called Activision Blizzard and the deal will be worth USD18.8billion.
This merger creates a second juggernaut in the industry to rival EA. The combined companies are expected to have a revenue of USD3.8billion in 2007 compared to EA’s USD3.65billion.
The different strengths of each company should make this a perfect fit in terms of product line-up. I hope the quality remains high. Only time will tell.