Activision Buys Candy Crush Saga Maker King for $5.9 Billion
Video game company Activision announced recently the purchase of mobile game developer King for $5.9 billion.
Video game company Activision announced recently the purchase of mobile game developer King for $5.9 billion.
King titles, such as mega-hit Candy Crush Saga, are some of the biggest and most lucrative game apps on the market today. King also owns popular apps such as Farm Heroes Saga, Candy Crush Soda Saga and Bubble Witch 2 Saga.
Activision acquires all outstanding shares of King for $18 per share — a total equity of $5.9 billion.
Since passing Zynga in the Facebook app ecosystem in 2013, King has emerged as the leader in mobile gaming.
Activision
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