November 30, 2015

Candy Crush creator acquired for $5.9 billion [Video]

It’s hard to escape a mobile-gaming juggernaut like Candy Crush. Other massively popular gaming apps like Angry Birds have captured the attention and imagination of smartphone users, and often culminate in serious industry attention. 

This explains why this month, Candy Crush creator King Digital Entertainment was purchased by Activision Blizzard for $5.9 billion. King’s 474 million monthly active users will now fall under the Activision umbrella, which includes Call of Duty and Guitar Hero. 

If your creation is the next big thing in mobile gaming, a lucrative merger or acquisition might be down the pipeline. Contact MergerTech today to learn more about the benefits of working with an M&A advisor.