That can't be correct given the price, and the fact that King had over $2B revenue and $500MM net income last year. These games make millions of dollars a day.

That can't be correct given the price, and the fact that King had over $2B revenue and $500MM net income last year. These games make millions of dollars a day. They don't get bought just for data. The simplest explanation is that Activision Blizzard wants to go bigger into mobile gaming and sees King as a good acquisition for this.