Activision Blizzard finally became the owner of King Studio. This is reported on the official page of the company.
The transaction value was $5.9 billion. The total audience of Activision Blizzard projects now reaches 500 million users. According to Bobby Kotick, this makes the company “the largest gaming network in the world.”
Recall that at the end of 2015, Activision Blizzard created a subsidiary of ABS Partners to buy King shares. The authors of Candy Crush Saga were bought for two reasons: because of the mobile capacity of the studio and due to the presence of strong IP.
King as part of Activision Blizzard will remain an independent division.
Source: Activision Blizzard