The deal will create a new industry leader (By a mile. Seriously.) entitled Activision Blizzard. The new company is rumored to be worth a little over 8 billion dollars. Billion Dollars. Interestingly enough, the merger also boosted shares (for laymen, share boosts usually mean better game development. More money, less fear of layoffs means programmers who are fat and happy and productive.) of rival Ubisoft Entertainment. This is because Electronic Arts (theyâ€™ve been at this for a minute now.) may feel threatened by the combination of these two huge competitors, and try and snatch up Ubisoft and make their own New York Yankees-like game development corporation.
Acer Inc. plans to acquire U.S. computer maker Gateway Inc. for $710 million in a deal that will push the Taiwanese company past China’s Lenovo Group as the world’s third largest vendor of personal computers. The deal is expected to close in December, pending approval by Taiwan and U.S. Regulatory Authorities. The acquisition has been […]