King Digital, Buyout!

Bobby Kotick who is the Chief Executive of Activision Blizzard has recently announced the buyout of King Digital Entertainment PLC for a whopping $5.9 Billion! With this buy out it will unify the major console and PC games’ Call of Duty and World of War Craft through a leading title Candy Crush Saga. This seems to be a great game changer in the mobile-app industry and I believe it’s a good buy since the industry will soar high in the next few years.

In one of the articles I read, it says there that this year the Mobile gaming industry has already a projected revenue of $36B and we haven’t ended the year yet! What’s so exciting about this industry is that by 2019, they have projected to grow more than 50%. Hmmm… now, I think I should try to venture into one of these and think about a good project to go with the flow.