Activision Gobbles Up Major League Gaming

Santa Monica-based Activision has reportedly acquired e-sports organization Major League Gaming, in a deal worth $46M. According to leaked documents sent to shareholders of Major League Gaming, the deal is split between $31M in cash immediately, plus $15M held in escrow. Major League Gaming was an operator of e-sporting events, running tournaments for such titles as Call of Duty, StarCraft 2, and other popular videogames.