By acquiring Activision Blizzard, Apple stands to gain access to an industry growing at an impressive rate. Concurrently with the merger, Vivendi will purchase approximately 62.9 million newly issued shares of Activision common stock at a price of $27.50 per share for a total of approximately $1.7 billion in cash, resulting in a total Vivendi ownership stake in Activision Blizzard of approximately 52% on a fully diluted basis and approximately 54% of shares outstanding. ALL RIGHTS RESERVED. The studio's website seems to be a deadlink following the merger. Activision has announced that one of their wholly owned studios, Vicarious Visions, will no longer be part of the Activision Publishing division. Activision has announced that Vicarious Visions, the studio behind last year's acclaimed Tony Hawk's Pro Skater 1+2 remake, is being merged into the Blizzard side of its business. GameSpot may get a commission from retail offers. These statements are not guarantees of the future performance of Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations. Over the next few weeks, Activision hopes to close its merger with Vivendi Games. He served as President from July 2008 until June 2017. Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. With the merger now closed, Activision Blizzard is expected to surpass publishing kingpin Electronic Arts as the world's most lucrative third-party game-software publisher. ". Both companies have been successful over the years, providing their audience with great products. The Activision/Blizzard Merger: Five Key Points. As part of the shift, upper management is also being shuffled around. When yesterday over 92 percent Activision shareholders gave their thumbs-up to the company's pending merger with Vivendi, it was pretty much a done deal, and today Activision Blizzard is official. Taking Oneal's place at Vicarious Visions as studio head is Simon Ebejer, who previously served as the studio's chief operating officer. Activision Blizzard has moved its Vicarious Visions studio from the Activision side of the business to the Blizzard side. Headquartered in Santa Monica, California, Activision Blizzard, Inc. is a worldwide pure-play online and console game publisher with leading market positions across all categories of the rapidly growing interactive entertainment software industry. The Activision Blizzard Merger In December of 2007 the merger of Activision and Blizzard was announced. The new company, Activision Blizzard, is expected to have approximately $3.8 billion in pro forma combined calendar 2007 revenues and the highest operating margins of any major third-party video game publisher. Save. Given that Netflix and its video content is valued at $140 billion, Apple’s purchase of Activision Blizzard and entry into video gaming looks realistic. The company was founded in July 2008 through the merger of Activision, Inc. (the publicly traded parent company of Activision Publishing) and Vivendi Games. SUBSCRIBE here http://bit.ly/subTREESICLE Activision Blizzard has been messing up a lot lately. The European Commission permitted the merger to take place in April 2008, approving that there weren't any antitrust issues in the merger deal. Other such factors include the further implementation, acceptance and effectiveness of the remedial measures recommended or adopted by the special sub-committee of independent directors established in July 2006 to review historical stock option granting practices by Activision Blizzard and its board of directors, the finalization of the tentative settlement of the SEC's formal investigation and final court approval of the proposed settlement of the derivative litigation filed in July 2006 against certain current and former directors and officers of Activision Blizzard relating to Activision Blizzard's stock option granting practices, and the possibility that additional claims and proceedings will be commenced, including additional action by the SEC and/or other regulatory agencies, and other litigation unrelated to stock option granting practices and any additional risk factors identified in Activision Blizzard's most recent annual report on Form 10-K and quarterly reports on Form 10-Q and the definitive proxy statement filed on June 6, 2008 in connection with the proposed transaction with Vivendi. Accordingto JPMorgan Chase analysts, video gaming presents a unique investment opportunity for Apple. It'll also buy 62.9 million new shares for a total of $1.7 billion - the result is that Vivendi owns a stake of about 52 percent in its new parent company. Email [email protected]. that will create a new $18.8 billion entity called Activision Blizzard. Business Description. More information about Activision Blizzard and its products can be found on the company's website, www.activisionblizzard.com. Starting today, Vicarious Visions, which has led development on a majority of the Tony Hawk's Pro Skater franchise, will no longer work on the famed IP. As one of the world’s most successful standalone interactive entertainment and gaming corporations, we delight hundreds of millions of monthly active users. As of the closing of the transaction, Activision will be renamed Activision Blizzard and will continue to operate as a public company traded on NASDAQ under the ticker ATVI. Apple, with its massive cash pile, is another possible Activision Blizzard buyer. "the result is that Vivendi owns a stake of about 52 percent in its new parent company. Activision Blizzard has confirmed that the company will be moved from Activision's umbrella into Blizzard, pivoting the studio to be "fully dedicated" … The eSports market alone is poised to reach $1 billion. Through it, Blizzard and Sierra parent Vivendi becomes a wholly-owned subsidiary of Activision, scoring 295.3 new shares of Activision stock. Factors that could cause Activision Blizzard's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales of Activision Blizzard's titles in its fiscal year 2009, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision Blizzard's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Blizzard's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, customers, vendors and third-party developers, domestic and international economic, financial and political conditions, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, , the Activision Blizzard's success in integrating the operations of Activision and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated. Activision Blizzard is a and entertainment company that came to fruition in the year 2007 when two entertainment companies, Activision and Blizzard Games announced a merger. Activision Blizzard is the company formed from the merger of Blizzard Entertainment, owned by Vivendi Games, and Activision, the video game producer behind Call of Duty.The merger was finalized as Activision Blizzard on July 9th, 2008. There's a major shift in the games industry as Activision has brought Vicarious Visions over to Blizzard operations, effectively merging them. When Activision and Vivendi, the then-parent company of Blizzard, merged in 2008 to form Activision Blizzard, their assets became mutually exclusive. Will AAPL Stock or DIS Stock buy ATVI Stock? She will report directly to company president J. Allen Brack.

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