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New Deal


Announced

Completed

Blizzard completed the acquisition of Proletariat.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

game developer

Domestic

Majority

Gaming

Acquisition

Completed

Private

Single Bidder

Synopsis

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Blizzard, a developer and publisher of entertainment software, completed the acquisition of Proletariat, a game developer. Financial terms were not disclosed. “We are putting players at the forefront of everything we do, and we are working hard to both meet and exceed their expectations. A critical part of taking care of players is taking care of our teams—making sure we have the resources to produce experiences our communities will love while giving our teams space to explore even more creative opportunities within their projects. Proletariat is a perfect fit for supporting Blizzard’s mission in bringing high-quality content to our players more often," Mike Ybarra, Blizzard Entertainment President.

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