Brickipedia News:Mattel buys Mega Bloks - Brick War heats up
From Brickipedia, the LEGO Wiki
by CJC95 March 1, 2014 |
Mattel has brought Mega Brands, owners of Mega Bloks and RoseArt, today for $460 million. Reuters suggests the worlds number one toy company is looking to compete in the one area which it has basically no market share, - construction bricks - raising fears that once again the world will be plagued in the kind of conflict not seen since the Smartphone Patent War of 2012.
The move means Mega Bloks are likely to gain ground in both the quality and licensing fronts, both currently dominated by LEGO.
While Barbie puts on her camouflage and the Master Builders prepare the defences, Playmobil released its 40th Anniversary line, which shocked many analysts who thought it went out of business years ago.
Tags: 2014
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