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MMORPG News - Activision & Blizzard Merger Announced

by Inauro, 2007-12-02 21:28:40

BBC News reports that Activtision and Blizzard have announced a merger between the two companies.

Blizzard is the biggest player in online gaming and Warcraft is the global market leader of what are known as massively multi-player online role-playing games, or MMORPGs.

It is currently owned by the French media group Vivendi.

As part of the merger plan, Blizzard will invest $2bn in the new company, while Activision is putting up $1bn.

The merged business will be called Activision Blizzard and its chief executive will be Activision's current CEO Bobby Kotick. Vivendi will be the biggest shareholder in the group.

 

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SP/MP: Massive
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Genre: MMORPG
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