The European Commission has given permission to the games division of French telecom and media group, Vivendi, to run free into the arms of Activision. This is one of the final loose ends left in the $9.85 billion deal spawning the behemoth known as
Activision Blizzard (or by its street name: Actilizzard? Blizzavision?). Vivendi will procure a 52% stake in the
EA rival and is expected to have annual revenue of $3.8 billion.
The Commission essentially needed to approve that there weren't any
antitrust issues in the mega-merger. In its report the group stated that there are several effective competitors in the market, such as EA and the game console manufacturers. Guess it's time to start ordering the office stationary.
Reader Comments (Page 1 of 1)
tc @ Apr 16th 2008 1:11PM
good on the EU.now if they could only get rid of Michael O'Leary...
koehler83 @ Apr 16th 2008 1:11PM
It's 'Actiblizzard"
PojoMofo @ Apr 16th 2008 1:18PM
Actually, its Vivendivision or Activendi
nmezib @ Apr 16th 2008 1:52PM
Blivendivision?
nmezib @ Apr 16th 2008 1:52PM
Oh my god it's like Man-Bear-Pig!
Is it half Activizzard, half Vivendi? or half Activendi, half Blizzard?
DangerMouse @ Apr 16th 2008 2:22PM
Actiblizzardogshit
velocitystrike @ Apr 16th 2008 3:01PM
Isn't it just Activision Blizzard?
/blonde
John @ Apr 16th 2008 3:21PM
Why does the EU have to greenlight this crap?
rv @ Apr 16th 2008 4:06PM
Antitrusts, muthafucka!
Not relevant here, but if, hypothetically, there were only 2 companies who made and could make computers in the world, and they tried to merge, they would have a complete monopoly and could charge whatever they wanted, like 10,000 for a computer, and no one could do anything about it. To prevent that.
John @ Apr 16th 2008 4:08PM
except like, stop buying them.
Erik @ Apr 16th 2008 7:27PM
Maybe Activision can help resurrect the Tribes franchise.
...Please?...