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Activision Blizzard is one of the largest video game publishers in the world, with annual revenues of about $8.8 billion in 2021. [3] The company is composed of five business units: [4] Activision Publishing, Blizzard Entertainment, King, [5] Major League Gaming, [6] and Activision Blizzard Studios.
UPDATED: Microsoft closed a $68.7 billion deal to acquire Activision Blizzard on Friday after getting the green light from regulators in the U.K., nearly two years after it was first announced.
Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals.
Microsoft on Friday finalized its $69 billion purchase of "Call of Duty" maker Activision Blizzard , according to a regulatory filing from the company Friday, in what is the largest-ever merger ...
Activision Blizzard currently includes three operating units: [4] Activision, Blizzard Entertainment and King [5] Founded in July 2008 through the merger of Activision, Inc. and Vivendi Games , the company owns and operates additional subsidiary studios, as part of Activision, including Infinity Ward , Treyarch , and Sledgehammer Games . [ 4 ]
On September 21, 2020, Microsoft announced its intent to acquire ZeniMax Media and all its subsidiaries for $7.5 billion (~$8.7 billion in 2023). The acquisition was completed on March 9, 2021. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard, an American video game holding company, for $68.7 billion in cash. [26]
Last year, Microsoft closed its takeover of Activision Blizzard. In the months that followed, interest rates rose, expectations changed, and Microsoft Gaming eliminated 8% of its workforce.
After two years and $69 billion, Microsoft now owns all of Activision Blizzard.