EU approves Activision-Vivendi merger

By Patrick Garratt, Wednesday, 16 April 2008 17:24 GMT

According to this Reuters report, the European Commission has given the go-ahead for Activision and Vivendi to merge throughout this year. From the piece:

The complex deal will give Vivendi a 52 percent stake in a new industry giant called Activision Blizzard with annual revenue of $3.8 billion, rivaling that of Electronic Arts Inc (ERTS.O: Quote, Profile, Research), the world’s biggest independent game publisher.

The Commission said for “all categories of game software, the combined firm would continue to face several strong, effective competitors, such as Electronic Arts, and the game console manufacturers, such as Sony, Nintendo and Microsoft”.

Activision is riding high on the success of games such as “Guitar Hero”, “Call of Duty” and “Tony Hawk” but has lacked an offering in the online role-playing area, dominated by “World of Warcraft” from Vivendi’s Blizzard Entertainment.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Acquisitions

Mergers

  • Eidos stockholders approve Square Enix take-over

    Eidos shareholders have accepted a takeover bid made by Square Enix with an overwhelming majority. Once Eidos’s shares have been delisted, Square will gain control sometime in late April. With Square now owning 85 percent of Eidos shares, the company has control over Hitman, Championship Manager, Tomb Raider and all other IP’s owned by Eidos. […]

  • Sierra titles beyond 2008 all "TBD", says report

    According to this, all Sierra games past 2008 are up for review and may be scrapped. Citing sources, the piece says that all projects from the company will now have to be justified to Activision executives following the impending merger of the two companies. “Titles set to come out this year, like The Bourne Conspiracy, […]