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I would like to introduce some unfamiliar companies that may be of some help to your investments.
The company I’m going to introduce is Activision Blizzard$Activision Blizzard(ATVI)$ .
It went public on October 22, 1993.
[Company Profile]
Activision Blizzard is an American video game holding company based in Santa Monica, California. It was founded in July 2008 through the merger of Activision and Vivendi Games. It is traded on the Nasdaq stock exchange under the ticker symbol ATVI, and since 2015 has been a member of the S&P 500 Index.
Activision Blizzard currently includes five business units: Activision Publishing, Blizzard Entertainment, King, Major League Gaming and Activision Blizzard Studios. Among major intellectual properties produced by Activision Blizzard are Call of Duty, Crash Bandicoot, World of Warcraft, Diablo and Candy Crush Saga, etc.
Activision Blizzard, together with its subsidiaries develops and distributes content and services on video game consoles, personal computers, and mobile devices, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision and Blizzard products.
[History & Events]
In 1979, the original Activision company was founded, as a third-party developer for games on the Atari Video Computer System.
In 1988, the company expanded into non-gaming software and renamed itself Mediagenic.
In 1991, a group of investors bought the company. Kotick instituted a large restructuring to reduce debt, including renaming the company back to Activision.
In 2003, Activision and the development studio Infinity Ward, released Call of Duty.
In 2008, Activision merged with the games division of the French media conglomerate Vivendi, Vivendi Games, a holding company principally for Sierra Entertainment and Blizzard Entertainment.
In 2010, the independent studio Bungie entered into a 10-year publishing agreement with Activision Blizzard.
In 2010, Activision Blizzard was the largest video games publisher in the world.
In 2011, Activision Blizzard's Call of Duty: Modern Warfare 3 grossed $400 million in the US and UK alone in its first 24 hours, making it the biggest entertainment launch of all time.
In 2011, Activision Blizzard debuted its Skylanders franchise, which led to the press crediting the company with inventing and popularizing a new toys-to-life category.
In 2013, Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion.
In 2014, Activision Blizzard released a new title, Destiny, on September 9, 2014.
In 2015, Activision Blizzard joined the S&P 500, becoming one of only two companies on the list related to gaming, alongside Electronic Arts.
In 2015, Activision Blizzard acquired social gaming company King, creator of casual game Candy Crush Saga for $5.9 billion.
In 2017, Activision Blizzard joined the Fortune 500 becoming the third gaming company in history to make the list after Atari and Electronic Arts.
In 2020, the company's net revenues from digital channels reached $1.44bn (£1.16bn) due to the growing demand for online games driven by Covid-19 lockdowns.
In 2022, Microsoft announced that it would be acquiring Activision Blizzard.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
Playtika$Playtika Holding Corp.(PLTK)$
Zynga$Zynga(ZNGA)$
Electronic Arts$Electronic Arts(EA)$
Take-Two Interactive$Take-Two(TTWO)$
Epic Games
Ubisoft$UbiSoft Entertainment Inc.(UBSFF)$
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