How much did Vivendi buy Blizzard for?
On July 25, 2013, Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion, dropping the shareholder from a 63% stake to 11.8% by the end of the deal in September.
Does Vivendi own Activision?
Under the terms of the agreement, Vivendi Games will be merged with a wholly owned subsidiary of Activision. In the merger, shares of Vivendi Games will be converted into 295.3 million new shares of Activision common stock.
When did Blizzard sell to Vivendi?
On July 9, 2008, Activision merged with Vivendi Games, culminating in the inclusion of the Blizzard brand name in the title of the resulting holding company. On July 25, 2013, Activision Blizzard announced the purchase of 429 million shares from majority owner Vivendi.
Who sold Blizzard to Activision?
Vivendi Games
Activision Blizzard is the holding company formed from the merger of Blizzard Entertainment’s then-owner Vivendi Games and Activision, the video game producer behind Call of Duty. The merger was finalized on July 9, 2008. Vivendi became the majority shareholder of Activision Blizzard with 54% of the stock.
Does Tencent own Activision?
Tencent took part in Activision Blizzard splitting from Vivendi as a passive investor in 2013 and now owns less than 4.9% of the shares as of 2017.
Did Blizzard buy Activision or did Activision buy Blizzard?
After several years of rapid expansion through acquisitions of smaller game developers, Activision merged with Blizzard Entertainment in 2008 to create Activision Blizzard, forming one of the world’s largest video game companies.
Did Activision buy Treyarch?
Treyarch was founded in 1996 as Treyarch Invention and was acquired by Activision in 2001.
Did Activision lose the lawsuit?
US EEOC. In addition to the ongoing suit with California’s Department of Fair Employment and Housing, the US Equal Employment Opportunity Commission launched actions against Activision Blizzard in late September. Almost immediately, Activision Blizzard revealed it had settled the case for $18 million.
Is Activision owned by Blizzard?
The two sides agreed on a deal, and the acquisition became official in 2008. As a part of its purchase of Vivendi Games, Activision became the owners of Blizzard Entertainment.
Why did riot sell to Tencent?
You’ll notice that not only has Riot kept their flagship League of Legends going, but they have been rapidly adding new games to their roster. THAT is why they accepted Tencent’s money. Tencent gave Riot money in order to make more money. Riot took Tencent’s money in order to make more money.