Activision Thought $7M for Blizzard was "Insane"

Activision CEO Bobby Kotick says he thought $7 million USD was an "insane" price for Blizzard Entertainment when Davidson & Associates purchased Blizzard back in 1995. He describes a conversation at an dinner with Davidson & Associates where his reaction was: "Are you out of your minds? They’re like a contract developer! They have Warcraft but what else do they have? You paid SEVEN million! That’s insane!" 12 years later Activision and Blizzard merged in a deal reportedly worth $18.8 billion USD.
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Re: One of these days...
Jan 19, 2010, 23:20
Kxmode
 
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Re: One of these days... Jan 19, 2010, 23:20
Jan 19, 2010, 23:20
 Kxmode
 
mag wrote on Jan 19, 2010, 19:36:
Psygnosis: Bought by Sony in '93, actually still around.

Really?!
"Listen, Peter... with great horsepower comes... the sickest drifts..." - source
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