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ATVI » Topics » My sense is that the bulk of that consolidation continues to take place through the acquisition of intellectual property rights or development talent, not as much second-tier companies.

This excerpt taken from the ATVI DEFA14A filed Mar 5, 2008.

 My sense is that the bulk of that consolidation continues to take place through the acquisition of intellectual property rights or development talent, not as much second-tier companies.

 

 David Joseph  — Morgan Stanley - Analyst

 

 Last question. Stand-alone business, Activision, you had a very strong fiscal — or you’re having a very strong fiscal 2008, especially with Guitar Hero and Call of Duty. The fiscal 2009, obviously you have Kung Fu Panda coming out. But one of the criticisms, or maybe not criticisms but concerns, is whether — is how you can really continue this track record as a stand-alone business in fiscal ‘09 and gaining share.

 

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