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Vivendi Cuts Stake In Activision Blizzard

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Santa Monica-based videogame publisher Activision Blizzard announced late Wednesday that Vivendi S.A. is planning to sell 41,499,689 shares of Activision Blizzard common stock, in a public offering. Those shares represent half of Vivendi''s stake in Activision Blizzard, and is worth around $866M. READ MORE>>.

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Activision Blizzard On Block, Says Report

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Los Angeles-based videogame maker Activision Blizzard is on the block, with majority owner Vivendi looking to sell the video game business, according to reports this week. Reuters, citing five sources "close to the situation," said that the firm is looking for bidders on Activision. Vivendi owns 60 percent of Activision Blizzard.

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Report: Activision's Kotick Eyes MySpace

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A report today from AllthingsD says that an investor group, which includes Santa Monica-based Activision 's Bobby Kotick, is in the last legs of negotiating a deal to acquire MySpace , the beleaguered, once-high flying social network. to a bevy of buyers, with no deals yet inked.

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United Online Acquired By B. Riley For $170M

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The sale of United Online came after a long and tortuous path, where United Online spun off flower delivery firm FTD , sold its Classmates unit, and its StayFriends social networking site, and battled both with B. Riley and Activision Howard Marks over the company's management and strategic plans.

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TechZulu Presents 2012 Startup Forecast | Featuring Science, Tech Coast Angels, Amplify, StartEngine, upStart.LA

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A serial Internet entrepreneur, Mike has founded, advised, invested and sold numerous businesses, including application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media, Movoxx, PeopleMedia, Brizzly and Myspace. Howard Marks , Co-Founder at Activision / StartEngine.

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Spotlight: LA Tech Judges and SuperDemo Bill Gross of Idealab!

Tech Zulu Event

Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services. Dinesh is a highly entrepreneurial executive with a track record of driving sales through innovative biz-dev and online marketing techniques. Howard Marks , Co-Founder at Activision / StartEngine.

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