logo
logo

King has become a cash cow for the new owner

avatar
Arthur Morgan
img

At the end of 2015, the news came to us speljätten Activision Blizzard buys the Swedish Candy Crush creator King.

the price tag landed in the tune of 50 billion.

"Our combined sales and combined profits, solidifying our position as the world's largest and most profitable companies in digital entertainment," said Activision Blizzard ceo Bobby Kotick in connection with the transaction.

Read more: Activision Blizzard buys King for 50 billion

No remorse over the huge deal will not be in the hands of Activision Blizzard.

Since 2016 has King pulled in just under eur 14.2 billion in profits, more than a quarter of the purchase price of 50 billion.

collect
0
avatar
Arthur Morgan
guide
Zupyak is a free content platform for publishing and discovering stories, software and startups.