On Thursday, April 2, local time in North America, there was news that a number of Activision Blizzard executives would leave, including important figures such as Frank Pearce, one of the three co-founders of Blizzard Entertainment.

In the afternoon, it was confirmed that the news was true, which triggered reports from domestic and foreign game media, and at the same time attracted the attention of many players, especially Activision Blizzard players.

It has been a year since the news came out about the acquisition of Activision Blizzard by Qunxing Capital, and there is no big news behind it, and many players are almost forgetting about it.

Now that new news has come out, it has also brought everyone's attention back again.

Most people, including some capital institutions, believe that the possibility of Qunxing Capital acquiring Activision Blizzard is not very high, and it would be better to say that it is a European and American corporate giant.

At around 10 a.m. on Friday, April 3, Qunxing Capital announced that it had made a substantial breakthrough in the proposed $50 billion acquisition of Activision Blizzard, and the two sides had reached a consensus and completed the initialling of the agreement.

Activision Blizzard agreed to sell!

Also on the same day, it was also reported that the FTC agency of the United Trade Commission approved Qunxing Capital to continue to move forward with the $50 billion acquisition of Activision Blizzard, and the North American court also agreed to the acquisition.

As soon as the news came out, the matter made international headlines on the same day.

Many people were surprised to see this news, and most people thought that Qunxing Capital was unlikely to succeed, but they didn't expect it to succeed unexpectedly!

Buoyed by the news, Activision Blizzard's shares surged +11% in pre-market.

Soon, new news came out.

The next move after the acquisition of Activision Blizzard by Qunxing Capital is to restructure the company to adapt to the strategic layout of the new owner in the game industry, so it is necessary to privatize Activision Blizzard and delist.

At the opening of the U.S. stock market on Friday night, stimulated by the news, Activision Blizzard's share price further exploded, soaring +64.97% intraday, and the highest market value reached a record high of 84.3 billion US dollars, excluding exchange rate changes of about 526.8 billion yuan.

After that, it fell back and finally closed up +57.14%, corresponding to a market capitalization of US$80.3 billion, or about 501.8 billion yuan.

Activision Blizzard's stock price has skyrocketed because it is rumored that the new owner is going to privatize it and delist it.

The market interprets this as a major positive, because in the event of privatization and delisting, the company will often give a repurchase price that exceeds the price of its stock price in order to repurchase shares as soon as possible, and from this perspective, privatization and delisting is good news for the market.

Subsequent news confirmed that the rumors were true, and the new owner was indeed going to privatize Activision Blizzard and delist, and would wholly own 100% Activision Blizzard.

So, the acquisition of Activision Blizzard actually cost more than $50 billion.

……

On the morning of April 6, Fang Hong updated a news feed related to the acquisition of Activision Blizzard on his personal Weibo account.

Its Weibo dynamic wrote:

[Blizzard's thing has been tossed for a year and finally bought, we also have some ideas for Activision Blizzard, we think that this excellent game company is now a little deviated from its original intention, so we hope that it can return to its essence, then we need to unload some baggage and travel lightly, and focus on only one thing, which is to make a good game and make a high-quality game.

Therefore, after the completion of the privatization and delisting of Activision Blizzard, we will split it into Activision Entertainment and Blizzard Entertainment, which operate independently and are not subordinate to each other, and spin off Activision Blizzard's original channels, platforms and other departments, and at the same time, in terms of Blizzard Entertainment, we will cancel Blizzard Battle.net.

However, players don't have to worry about their Battle.net account and game data, we will move it to a new, bigger and more complete game platform, and the original Activision Blizzard players only need to log in to your previous account on the new platform to play normally.

Blizzard Battle.net will be closed, and if the remaining Battle.net is not consumed before Battle.net is closed, we will also open a settlement channel to refund it to players.

After the spin-off and reorganization, Activision Entertainment and Blizzard Entertainment will become more professional and pure game production companies. 】

……

Fang Hong's Weibo update quickly caused a sensation in the gaming circle, especially in the Activision Blizzard player community.

[K God is conscience, and the battle network can be refunded in full, which cannot be returned directly to the goose factory, and it must be replaced with other game content as so-called compensation.] ]

[The old club Vivendi merged Activision and Blizzard, and the new owner split it as soon as it was won, and it was more completely dismantled, enough to toss...... (Covering his face.jpg)]

[Split well, the merger itself was a mistake before, it was Vivendi who forcibly merged.] ]

[I'm in favor of splitting too, but why do you want to do away with Battle.net?] ]

[What?] Is the Blizzard Battle.net platform gone? What about my account? What about the game items in me? Can I still play interstellar? And what about my Battlenet points? ]

[Star players are known to have no vision...... (Erha .jpg)]

[According to K-God, it is to translate the account data of Battle.net to a larger platform.] ]

[What about data loss?] ]

[It can be seen that Qunxing Capital wants to integrate resources and make a larger game platform, and Blizzard and Activision will only be responsible for developing games in the future, becoming a pure third party, and then developing games will run on that new platform, is it taking the path of Steam?] ]

[Most likely going the Steam way.] ]

[Then just buy the V Society, K God must have this strength...... (Erha .jpg)]

[Don't say it, I've heard the grapevine before, and the stars really sent a group of people to talk to G Fat, and I don't know if Steam will be merged into the stars in the future.] ]

[Is the new platform in Stars a game box?] I saw the news that Qunxing had bought the trademark brand of the game box. ]

[Seeing this, Wangyu received 10,000 critical damage...... (Covering his face.jpg)]

[I heard that on the day that Blizzard's stock price soared, Netsun's stock price plummeted.] ]

[It is estimated that the contract will not be renewed after it expires.] ]

[No need to estimate, definitely not, the stars are going to cut down the battle network, and if they want to re-establish a new platform, how can they still cooperate with Netsun to represent Blizzard games?] ]

[Did any uncle party come out and break the news about the new platform, what is the situation?] ]

……

This wave of the network is indeed a big injury, if it is another five or six years to "break up", the network may not be so impacted.

On the day that Qunxing Capital's acquisition of Activision Blizzard's boots landed, the stock price of Nets, which was affected by this news, fell by -13% on the same day.

The capital market has received feedback, and when the news came out last year, the stock price of Netsun fell sharply once.

Fortunately, there was an expectation last year, otherwise it would not have fallen by 13 percentage points, maybe it would have plummeted by 30 percentage points directly, and now the news has come out, which is a negative landing for the stock price of the network, and the expectation has been fulfilled, so there is no sharp fall, but the injury is really bad.

Qunxing bought Activision Blizzard and will carry out a spin-off and reorganization, and will also cancel Blizzard's battle network, after which Netsun will obviously no longer have the right to represent Blizzard games.

Now Fang Hongfa's Weibo is already a real hammer, Qunxing Capital wants to integrate resources in the game business sector and set up a new game platform, and it is impossible for Blizzard Game National Service Zone to let Netsun operate as an agent.

At present, the contract between Netsun Blizzard and Blizzard Entertainment has not expired.

However, Fang Hong's instruction is to let Blizzard Entertainment default and pay liquidated damages, and the game box is expected to be launched around the first half of this year, and the first batch of games to be launched on this platform are not only "Honor of Kings", but also games under MihoYo, including games under Activision Blizzard.

The person in charge of the game business segment of Qunxing Capital has already talked to NetSun, and is willing to pay liquidated damages at an additional premium, Blizzard Battle.net will definitely be swept into the garbage heap, and Netsun Blizzard's agent Blizzard Games must also end early, Fang Hong can't wait until the normal contract expires.

…… (End of chapter)