<div style="float: right; margin: 15px 0 20px 20px;"><table border="0" cellspacing="0" cellpadding="0"><tbody><tr><td colspan="2"><a href="https://static-ssl.businessinsider.com/category/chart-of-the-day"> <img src="https://static-ssl.businessinsider.com/image/2237544b39b8324a71969a00/button-more-charts.gif" border="0" alt="button more charts" /></a></td></tr><tr><td><a href="http://www.businessinsider.com/category/chart-of-the-day"><img src="https://static-ssl.businessinsider.com/image/2237544b42b8324a7a969a00/button-chart-prev.gif" border="0" alt="button chart prev" /></a></td><td><a href="http://www.businessinsider.com/most-popular-social-networks-us-teens-2015-11"><img src="https://static-ssl.businessinsider.com/image/2237544b4db8324a85969a00/button-chart-next.gif" border="0" alt="button chart next" /></a></td></tr></tbody></table></div><p>Last night, <a href="http://www.businessinsider.com/activision-blizzard-is-buying-candy-crush-maker-king-for-59-billion-2015-11">Activision Blizzard announced it was buying King</a>, the maker of Candy Crush, for $5.9 billion in cash, a 20% premium over King's share price at close yesterday.</p><p>Why? As this chart from <a href="http://www.statista.com/">Statista</a> shows, 79% of Activision's revenue today comes from selling PC, online, and console games. King, on the other hand, makes 80% of its revenue from mobile games. The combined company will be much more diverse - and that's important as mobile gaming grows at the expense of console gaming in particular.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5638f5a29dd7cc1b008c6f0b-1200-900/20151103_activision_bi.png" alt="20151103_Activision_BI" data-mce-source="Statista" /><p class="source"><span>Statista</span></p></div><p></p></div></div></p>

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This simple chart shows why Activision is paying $5.9 billion for Candy Crush maker King

Last night, Activision Blizzard announced it was buying King, the maker of Candy Crush, for $5.9 billion in cash, a 20% premium over King's share price at close yesterday.Why? As this chart from Statista shows, 79% of Activision's revenue today comes from selling PC, online, and console games. King, on the other hand, makes 80% of its revenue from mobile games. The combined company will be much more diverse - and that's important as mobile gaming grows at the expense of console gaming in particular.Statista

Last night, Activision Blizzard announced it was buying King, the maker of Candy Crush, for 5. 9 billion in cash, a 20 premium over Kings share price at close yesterday.

This simple chart shows why Activision is paying $5.9 billion for Candy Crush maker King

Matt Rosoff

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