Activision Expands in Europe

Activision has acquired CD Contact Data, an independent software distributor in Belgium and The Netherlands, Activision announced. CD Contact Data will become part of Activision's CentreSoft Limited group, which distributes software titles throughout Europe.

Activision's acquisition of CD Contact will allow Activision to extend its European distribution to Belgium, Luxembourg, and The Netherlands. The existing management team at CD Contact Data will remain in place, Activision said.

Activision issued 1.9 million shares of its stock as part of the deal, which will be accounted for "as a pooling of interests."

"Over the past year, it has been CentreSoft's mandate to expand our direct-to-retail operations into all major European territories," states Richard Steele, CentreSoft UK managing director. CD Contact's strong reputation and track record with leading retailers in the Benelux region is the perfect complement to our existing distribution business."