CUC Gets Renamed

The parent company of Berkeley Systems, Sierra, and Blizzard merges and changes name.

Comments

In a deal finalized in mid-December, CUC International, the mega parent company for such game-makers as Blizzard, Sierra, and Berkeley Systems, finalized its merger with HFS Inc. in a deal valued at US$14 billion. As a result of the merger, CUC has changed its name to Cendant.

The combined companies had revenues of over $4.5 billion in 1996. Cendant's primary business falls into the worlds of travel, real estate, and membership to travel, shopping, auto, dining, and other services as well as its software interests.

Got a news tip or want to contact us directly? Email news@gamespot.com

Join the conversation
There are no comments about this story