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Sunday 2 December 2007 photo 1/1
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A big shake up in the world of the video game Publishers has occoured this afternoon. Activision famous for its Guitar Hero, Tony Hawk and Call of Duty franchises and Blizzard Entertainment known for its 9+ million subscriber MMORPG World of Warcraft have announced that they will merge to create Activision Blizzard the “world’s largest, most profitable pure-play video game publisher“. Move aside Electronic Arts. ;) UK corporation the BBC were the first to reveal the news ealier today. As a result of the merger, Activision and Blizzard will henceforth be called Activision Blizzard, a deal which is worth $18.8 billion. The deal will work by Blizzard investing $2 billion into Activision Blizzard and Activision will invest a lowly $1 billion.
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