Activision Blizzard Deal Finally Finished

[ThQp]

Back in December you might have heard that Activision and Blizzard were planning to join forces. Well, as of today, that goal has finally been realized. Take a look at what a spokesman for Blizzard had to say:

July 10, 2008 -- Paris, France and Santa Monica, CA – Vivendi (Euronext Paris: VIV) and Activision, Inc. (Nasdaq: ATVI) today announced the completion of the transaction announced on December 2, 2007 to create Activision Blizzard, as the world's most profitable pure-play online and console game publisher. Activision Blizzard was formed by combining Activision, one of the world's leading independent publishers of interactive entertainment, and Vivendi Games, Vivendi's interactive entertainment business, which includes Blizzard Entertainment's® World of Warcraft®, the world's #1 subscription-based massively multiplayer online role-playing game. Activision Blizzard will continue to operate as a public company traded on Nasdaq under the ticker ATVI.

Jean Bernard Levy, CEO of Vivendi, said: "We have created the world leader in online and console games with this transaction and the combined strengths of the two businesses offer immense growth potential. I am also very confident that, with the new leadership team in place, the new entity is perfectly positioned to take advantage of these rapidly developing markets across the globe."

René Pénisson, Chairman of Activision Blizzard, added: "We are delighted that the merger has been completed. We are very excited about the opportunity for Activision Blizzard to create a broader entertainment software platform. We are leaders across North America and Europe and are creating a substantial footprint in the rapidly growing Asian market. We are determined to ‘think big'!"

This entire press release can be found here.

[MrKLM]

Re: Activision Blizzard Deal Finally Finished

In the 1990's Sierra had by far the best games out their, most of my games in my collection that are from Sierra are older games and I really enjoyed all of them.

I just hope that Sierra/Blizzard keep their standards high as I have always felt that Activision just wasent as high of quality of a publisher as them, they was like a water down version of Electronic Arts in the early 2000's.