In December 2007, Activision announced that the company and its assets would merge with fellow games developer and publisher Vivendi Games, the parent company of Blizzard Entertainment. René Penisson, formerly a member of the Management Board of Vivendi and Chairman of Vivendi Universal Games, would serve as Chairman of Activision Blizzard. Bobby Kotick, once head of Activision, was announced to become President and CEO of Activision Blizzard.
On July 25, 2013, Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion, dropping the shareholder from a 63% stake to 11.8% by the end of the deal in September. Following the conclusion of the deal, Activision Blizzard became an independent company as a majority of the shares are owned by the public. Vivendi further reduced their stake to 5.8% in 2014 and completely exited Activision Blizzard in 2016.
Video games published by this company:
- Animal Planet: Vet Life (Wii)
- Blur (PC, PlayStation 3, Xbox 360)
- DJ Hero (PlayStation 2, PlayStation 3, Wii, Xbox 360)
- Grim Tales: The Bride (Macintosh, PC)(TBA)
- NPPL Championship Paintball 2009 (PlayStation 2, PlayStation 3, Wii, Xbox 360)
- Secret Service (PC, PlayStation 2, Xbox 360)
- Wipeout 2 (3DS, PlayStation 3, Wii, Xbox 360)