Call of Duty publisher Activision snaps up maker of Candy Crush for $5.9 billion
Activision has announced that its deal to acquire Candy Crush developer King Digital for $5.9 billion is now complete. The deal, which was originally announced in November of 2015, will see the mobile juggernaut that is Candy Crush join an already impressive lineup of blockbuster franchises from Activision. Says Activision's Bobby Kotick:
The deal comes following regulatory approval in Ireland — where King is based. According to the terms of the deal, King's Riccardo Zacconi will stay on as CEO as the company operates as an independent unit of Activision.
Source: Activision; Via: TechCrunch
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By Kevin Lynch