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Activision-Blizzard Completes Purchase from Vivendi

By - Source: VG247 | B 14 comments
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Activision-Blizzard now owns itself.

Over the weekend, Activision-Blizzard announced that it had completed its shares buyout deal with Vivendi. The company itself bought up 429 million shares from Vivendi for $5.83 billion. A separate investment group, led by CEO Bobby Kotick, bought up another 172 million shares for $2.34 billion, giving Activision-Blizzard a 61% majority sharehold in itself. 

“With the completion of this transaction we open a new chapter in the history of Activision Blizzard,” stated Kotick in regards to the deal. “We expect immediate shareholder benefits in the form of earnings-per-share accretion and strategic and operational independence. 

“Our audiences and our incredibly talented employees around the world will benefit from a focused commitment to the creation of great games. Our shareholders and debt holders will have the benefit of an energized, invested, deeply committed management team focused on generating long-term, superior returns and effectively managing our capital structure.” 

This buyout scheme had been formulated back in late July this year, but a minority shareholder filed a lawsuit in hopes of blocking the buyout. Douglas Hayes, the angry shareholder in question, had slapped down the lawsuit on the grounds that the Activision-Blizzard buyout couldn't go down without a minority stakeholder vote. A few days ago, the Delaware Supreme Court gave Vivendi and Activision-Blizzard the green light, declaring that no vote was necessary since it was a share re-purchase.  

In any case, Activision-Blizzard now owns itself. Whether or not this means the company will change up the way it deals with its portfolio of IPs remains to be seen. 


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  • 0 Hide
    mobrocket , October 14, 2013 10:55 AM
    15 COD map packs coming to make back the cash spent...
  • 4 Hide
    Memnarchon , October 14, 2013 11:43 AM
    Now if only Blizzard could seperate from Activision...
  • -1 Hide
    spartanmk2 , October 14, 2013 11:43 AM
    Now Blizz just needs to buy itself out from under Kotick's boots.
  • -1 Hide
    kartu , October 14, 2013 1:28 PM
    Maybe Vivendi should by itself from itself, to achieve even higher level of freedom...
  • -2 Hide
    MANOFKRYPTONAK , October 14, 2013 2:52 PM
    I like this The more freedom Blizzard has to govern itself the better the video games :) 
  • -3 Hide
    MANOFKRYPTONAK , October 14, 2013 2:52 PM
    I like this The more freedom Blizzard has to govern itself the better the video games :) 
  • -3 Hide
    MANOFKRYPTONAK , October 14, 2013 2:52 PM
    I like this The more freedom Blizzard has to govern itself the better the video games :) 
  • 4 Hide
    gibbousmoon100 , October 14, 2013 4:41 PM
    With Kotick in the captain's chair, you can expect very little change. His priorities are and always will be his shareholders, not product quality.
  • 0 Hide
    raptorkill , October 14, 2013 9:08 PM
    And I was thinking of going Back to WoW, but if Kotick is all about profit and not consumer satisfaction then I will refrain.
  • 0 Hide
    rantoc , October 14, 2013 9:45 PM
    Dunno if this is good for the consumers, risk is that it will benefit the shareholders at the expense of the customers.... I dont doubt for a second that we will see more things like Diablo 4 even worse that Diablo 3 in the future along with CoD 99 with the regular 3-4 map pack upgrades for insane prices.. Milk Milk Milk - That's the current ceo's only motto!
  • -1 Hide
    alidan , October 15, 2013 1:09 AM
    @EVERYONEPOSTING

    Its like all you dont realize that Blizzard has been tapped for talent for a long LONG time. The people there now know how to make an mmo, im sure starcraft was in some form of production sense before wow, so they still had competent people to lay the bones for that out so it wasn't a colossal failure, but look at diablo 3 and tell me that is the same company that made diablo 2?

    Face it, Blizzard died with wow, and now all thats left is a corpse that clings to wow to survive.

    And you all act like Kotick had the say on everything that happened. Like he was the villain that everyone should hate. He is a businessman, he has the money, you act like he is suppose to take a hit when it comes to game sales, which is retarded. Sure, he could fund lower risk cheap games, but that isn't in the best interest of the company as a whole. every big game maker has that problem of not knowing when to back the hell off, the only difference with activision is they make damn sure you are sick of it before they back off, none of this "it didn't sell as well as we hoped, so we canned it" crap, they go until they destroy a genre. You want an innovative game, you go the indies, you want a break in releases, you got the mid tier studios that take a few years on major games.

    With that said, the last thing that people complain about is the engine for video games. "CoD had the same engine for blaa blaa blaa" well NEWS FLASH you don't have to build the graphics engine form the ground up over and over again if the hardware isn't changing.
  • 0 Hide
    contentsmayvary , October 15, 2013 2:18 AM
    @alidan Diablo III was great - but the auction house spoiled it. What's the betting that was imposed by bean-counters? So now the AH is going away for the expansion, and didn't exist at all for the console version of DIII. Looks like the expansion will be great.

    Also: Starcraft 2 is doing very well. You just need to look at the number of viewers it gets on twitch to see that.

    And just wait and see how many people will play Hearthstone - sure, it's a niche online CCG, but it's awesome fun and extremely polished (like all Blizzard games).
  • 0 Hide
    alidan , October 15, 2013 8:14 AM
    Quote:
    @alidan Diablo III was great - but the auction house spoiled it. What's the betting that was imposed by bean-counters? So now the AH is going away for the expansion, and didn't exist at all for the console version of DIII. Looks like the expansion will be great.

    Also: Starcraft 2 is doing very well. You just need to look at the number of viewers it gets on twitch to see that.

    And just wait and see how many people will play Hearthstone - sure, it's a niche online CCG, but it's awesome fun and extremely polished (like all Blizzard games).


    Like i said, the groundwork for starcraft 2 was probably done LONG before it came out, the bones of the game, the crap that makes the game good, i firmly believe that that was done long before the game was done, hell probably before wow was even out, it would be hard to imagine them not having at the very least a small team working on that over a long term.

    Diablo 3 was crap. they stream lined it to the point that you don't have choice anymore, and to make it even better, they had to almost completely redo the game just to make it not suck. The loot system in Diablo has always been a joke to me, what is some of the loot drop rates? 1 in 10 million or was it 1 in 100 million, i forget, and that dynamically changes based on how many items are in the game, the auction house showed how sick of that crap people really are, you don't get the drops to drop and are fed crap for so long that you just dont even want to kill for the loot because its a 1 in several million chance for the loot to drop.

    And hearthstone, now i know full well i may come off as a prick when i say this, but the game is a money grab that is simple to create. The TCG genre is hard to break into in real life, because of how far away people are who play it and how much of a money sink they can me, and to make matters worse, there are very few good tcgs on the pc that i know of, and many of them are fan ports of magic the gathering. NOW to make a TCG is ridiculously easy to. Take this as what ever you want, but when i was in third grade through sixth, me and a friend make games like this for fun, and the only thing you really need that we was the balance testing, with that any moron can make a TCG if the can balance it, and that is something that working on an mmo for so long should have taught them in spades. the tcg is also a desperation genre that people who want in on will pay allot for even if its not good, and they know it... this is a cash grab and nothing more, will it be fun... they are competent enough to pull it off, but that isn't saying much.
  • 0 Hide
    Soda-88 , October 16, 2013 1:16 PM
    @alidan
    Are you paid to cause controversy in Tom's Hardware comment section or something?
    Nothing you say is ever agreed upon by anyone else.
    Also, please point out an RTS better than SC2. I'd really like to have you decline even further in my eyes.

    Quote:
    Like i said, the groundwork for starcraft 2 was probably done LONG before it came out, the bones of the game, the crap that makes the game good, i firmly believe that that was done long before the game was done, hell probably before wow was even out, it would be hard to imagine them not having at the very least a small team working on that over a long term.

    What kind of BS is this paragraph?

    P.S.
    Quote:
    but look at diablo 3 and tell me that is the same company that made diablo 2?

    Get a clue, Diablo 2 was made by Blizzard NORTH which was a completely separate team of developers who used to be known as 'Condor' prior to buyout done by Blizzard. That same team has been released from Blizzard in 2005.

    Peace.