Vivendi-Activision Merger
French media giant Vivendi SA won permission from the European Commission on Wednesday to merge its video game unit with Activision in a $9.85-billion US deal.
The commission said the combined company "would not significantly impede effective competition."
"The combined firm would continue to face several strong, effective competitors, such as Electronic Arts, and the game console manufacturers, such as Sony, Nintendo and Microsoft," the commission said in a statement.
Under the terms of the complicated deal, Vivendi will have a 52-per-cent stake in the new company, Activision Blizzard. On that basis, Vivendi and Activision valued the combined company at $18.9 billion US.
For more information Visit: http://www.cbc.ca/technology/story/20.../tech-activision-blizzard.html


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skipgamerI just hope blizzard tells activision to stop being dicks and releasing games that are incomplete / rehashes of old games just to make money. (guitar hero 3 anyone? srsly...)
Otherwise its going to be business as usual for activision, and thats not a good thing considering money lost by activision is now money lost by vivendi.