Major League Gaming ACQUIRED BY ACTIVISION BLIZZARD in $46 Million Dollar Deal

Interactive gaming company Activision Blizzard, creator of the gaming industry’s biggest successes, including, Call Of Duty, Skylanders and World of Warcraft, has, according to purchased competitive gaming operator MLG (Major League Gaming) for $US46 million dollars.

Who is MLG ?  Having move away from the competitive gaming area, Major League Gaming is most noted for hosting  game fight competitions since 2004 involving such game titles as Tekken 6, King of Fighters XIII and Super Smash Bros.

The decision to sell came about as MLG found itself in financial difficulty but so far there has been no official confirmation of the sale from either Activision Blizzard or MLG.

It is being reported that an MLG former employee and still a remaining stock holder, Scott “Sir Scoots” Smith said that he was informed of the sale of MLG to Activision Blizzard.

Further reports also suggest that a management change has occurred, Mr. Sundance DiGiovanni, CEO of  MLG has been replaced with the former CFO, Greg Chisholm, without shareholder approval.

This looks like a bold move by Activision Blizzard to enter a new market, we will have to wait for more announcement to learn what exactly their intentions will be.

If they are able to install the same corporate vision of their game franchises, one of striving to do a just a few things, but do them exceptionally well, a great deal of growth, expansion and a whole lot more gaming tournaments will be iahead for gamers worldwide of competitive E Gaming.

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