My Fintech Empire

On the morning of Thursday, April 2, local time in North America, word spread that a number of Activision Blizzard executives would be resigning, including important figures such as Frank Pierce, one of the three co-founders of Blizzard Entertainment.

The news was confirmed to be true in the afternoon, triggering reports from domestic and foreign gaming media. It also attracted the attention of many game players, especially Activision Blizzard players. Players continued to discuss it in Activision Blizzard community forums at home and abroad.

It’s been a year since the news came out about Stellan Capital’s acquisition of Activision Blizzard. There hasn’t been much news since then, and many players have almost forgotten about it.

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

Most people, including some capital institutions, believe that the possibility of Acquisition of Activision Blizzard by Stellar Capital is not very high. If it were replaced by a European and American corporate giant, it would be better.

At around 10 a.m. on Friday, April 3, Stellar Capital announced that it had made a substantial breakthrough in its planned acquisition of Activision Blizzard for US$50 billion. The two parties had reached a consensus and completed the initial signing of the agreement. This merger and acquisition lasted for one year. After time's mediation and negotiation, the boots finally came to fruition.

Activision Blizzard agrees to sell!

On the same day, it was also reported that the FTC agency approved the acquisition of Activision Blizzard by Stellar Capital for US$50 billion, and a North American court also approved the acquisition.

As soon as the news broke, the matter made international headlines that day.

Many people were surprised when they saw this news. Most people thought that Qunxing Capital was unlikely to succeed, but they did not expect it to succeed unexpectedly!

Buoyed by the news, Activision Blizzard's stock price soared +11% in pre-market trading.

Soon, new news came out.

The next step after Stellan Capital acquired Activision Blizzard is to reorganize the company to adapt to the new owner's strategic layout in the gaming industry, so Activision Blizzard needs to be privatized and delisted.

The U.S. stock market opened on Friday night. Stimulated by the news, Activision Blizzard's stock price further exploded, with an intraday surge of +64.97%. The highest market value reached a record high of US$84.3 billion, excluding exchange rate changes. RMB 526.8 billion.

It then fell back, and finally closed up +57.14%, with the corresponding market capitalization remaining at US$80.3 billion, approximately RMB 501.8 billion.

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

The market interprets this as a major benefit, because during privatization and delisting, in order to repurchase shares as quickly and smoothly as possible, the company often offers a repurchase price that exceeds its stock price. From this perspective, privatization delisting This is good news for the market.

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

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

…

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

His Weibo update reads:

[After struggling with Blizzard for a year, we finally bought it. We also have some thoughts about Activision Blizzard. We believe that this excellent game company has deviated from its original intention, so we hope that it can return to its essence. Then we need to uninstall Put down some baggage, pack lightly, and do one thing with all your heart and focus, which is to make good games and make high-quality games.

Therefore, after completing the privatization and delisting of Activision Blizzard, we will split it into Activision Entertainment and Blizzard Entertainment. The two will operate independently and are not affiliated with each other. We will divest Activision Blizzard’s original channels, platforms and other departments. Come out, and at the same time Blizzard Entertainment we will cancel Blizzard Battle.net.

However, players don’t have to worry about their Battle.net accounts and game data. We will move them to a new, larger and more complete game platform. Old players of Activision Blizzard only need to use the new platform on the new platform. Log in to your previous account to play normally.

Blizzard Battle.net will be closed. If players’ remaining Battle.net points are not fully consumed before Battle.net is closed, we will also open a settlement channel to refund them to players.

After the spin-off and reorganization, Activision Entertainment and Blizzard Entertainment will become more professional and purer 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 a conscience, and all battle outlets can refund it. It is impossible to directly refund it if you change it to Goose Factory. It must be replaced with other game content as the so-called compensation. ]

[The old club Vivendi merged Activision and Blizzard, and the new club split them up as soon as they took over, and the split was even more thorough. It was quite a struggle... (face covering.jpg)]

[It’s good to split it up. The previous merger itself was a mistake. It was forced by Vivendi. ]

[I also agree with the split, but why should Battle.net be cancelled? ]

[What? Is Blizzard’s Battle.net platform going away? What about my account? What to do with the game props inside me? Can I still play my StarCraft? And what should I do with my battle network? ]

[It is well known that StarCraft players have no eyesight...(erha.jpg)]

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

[What to do if data is lost? ]

[It can be seen that Stellar Capital wants to integrate resources and build a larger game platform. Blizzard and Activision will only be responsible for developing games in the future and become pure third parties. Then the games developed will run on that new platform. , is it going the way of Steam? ]

[It is very likely to take the Steam route. ]

[Then we might as well buy V Club. God K must have this strength... (Erha.jpg)]

[Don’t mention it, I’ve heard rumors before that Qunxing actually sent a group of people to talk to G Fat. Maybe Steam will be merged into Qunxing in the future. ]

[Is Qunxing’s new platform a game box? I saw the news that Various Stars bought the trademarked brand of the game box. ]

[When Wang Yan saw this news, he received 10,000 points of critical damage... (face covering.jpg)]

[I heard that on the same day that Blizzard’s stock price soared, CyberLink’s stock price plummeted. ]

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

[There is no need to estimate, it will definitely not happen. Qunxing will cut off Battle.net and establish a new platform. How can it be possible that it will cooperate with Netizen to represent Blizzard games? ]

[Has anyone come out to break the news about the new platform? ]

…

Wang Xing was really hurt by this wave. If they had "broken up" in another five or six years, Wang Xing might not have suffered such a big impact.

On the day when the Acquisition of Activision Blizzard by Qunxing Capital came into effect, the share price of NetExpress fell sharply -13% due to the news. Now NetExpress is very dependent on Blizzard Games. Without the agency rights of Blizzard Games, it is indeed a big loss for NetExpress. It's a serious injury.

The capital market has already received feedback. When the news came out last year, NetSheng's stock price fell sharply.

Fortunately, there were expectations last year. Otherwise, it would not have fallen by 13 percentage points, but it might have plummeted by 30 percentage points. Now that the news has come out, it is a bad news for Netsun’s stock price. The expectations have been fulfilled, so there is no plunge. , but the injury is really serious.

Stellaris has purchased Activision Blizzard and is going to spin it off and reorganize it. It will also cancel Blizzard Battle.net. After that, Netizen will obviously no longer have the authority to represent Blizzard games.

Now that Fang Hongfa’s Weibo post has become a reality, Qunxing Capital wants to integrate resources in the game business sector and build a brand-new game platform. It is impossible for Blizzard Games’ national server area to let Wangxi operate as an agent.

Currently, the contract between Cyberpunk Blizzard and Blizzard Entertainment has not expired.

However, Fang Hong’s instruction was to let Blizzard Entertainment breach the contract and pay liquidated damages. The game box is expected to be launched around the first half of this year. The first batch of games to be launched on this platform will not only be "Honor of Kings", but also games under Mihayou. Also includes games owned by Activision Blizzard.

The person in charge of Qunxing Capital's game business sector has already approached Netizen to negotiate, and is willing to pay an extra premium as liquidated damages. Blizzard Battle.net will definitely be swept into the garbage heap, and Netizen Blizzard's agency for Blizzard games must also end early. Fang Hong does not Possibly until the normal contract period expires.

...(End of chapter)