My favorite game CANDY CRUSH sold for for $5.9 Billion

 

Anytime I'm not blogging or on Instagram finding amebo I'm always playing candy crush and yes I'm an addict, someone take me to a candy crush rehab! Lol, joke aside good to know my favorite game is worth billions.  

King Digital Entertainment, makers of Candy Crush Saga, has been sold to Activision Blizzard for $5.9 billion.

The acquisition comes just over a year after the European mobile games giant launched "the worst large IPO of the last 20 years", as described by its chief operating officer Stephane Kurgan in his recent appearance at WIRED 2015.

Activision said in a 'fact sheet' released after the deal,  that the acquisition makes it the "global leader" in games across mobile, console and PC.

Activision Blizzard's chief executive Bobby Kotick emphasised that the deal would broaden Activision's player base, with 60 percent of King's gamers being female and none requiring special hardware to play their games.

King noted that completion of the deal is expected in Spring 2016, following approval by shareholders, the Irish courts and antitrust authorities.

In his talk at WIRED 2015, COO Kurgan said that the success of the company was not as rapid as most people tended to assume.

"There is often the impression [...] that King.com is two guys in a garage and success came overnight. That's just not true," Kurgan told attendees at London's Tobacco Dock. "There is just a huge amount of work and passion behind this. It took [our founders] seven years to find Candy Crush, the first version was launched on the web in 2010."