In the world of business it is quite common for companies to buy and sell other companies. Mergers and acquisitions happen all the time and they are a major factor of how the companies and the industry as a whole develop and shape, and they also have major implications on products that the companies produce. Let’s have a closer look how it works in the gaming industry on the example of Activision Blizzard, who recently bought out King Digital Entertainment, the company behind Candy Crush, for a whopping $5.9 billion.
Swedish Arrowhead is behind the successful game Helldivers and made a profit of 729 million kronor last year after its latest launch. In addition, Chinese Tencent has bought just over 15 percent of the shares at a valuation of just over 5 billion.
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Do not miss the Final Fantasy IX lottery commemorating its 25th anniversary and see the new merch release by Square Enix.
I’m hoping Xbox Showcase will be where the Remake gets announced… freaking all this stuff with FF9’s anniversary and still nothing on the Remake…
Square Enix announced its financial results and the continued strategy for the Medium-Term Business Plan that will span two more years.
