Activision Blizzard Inc. (NASDAQ: ATVI)
Electronic Gaming & Multimedia · Santa Monica, CA, United States · Founded 2008
- Market capitalization: $75.0 billion
- Annual revenue: $7.02 billion
- Net income: $1.51 billion
- Employees: 13,000
- Sector: Communication Services
- Headquarters: Santa Monica, United States
- Founded: 2008
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Activision Blizzard was one of the world's largest video game companies before being acquired by Microsoft for $69 billion in 2023. The company published Call of Duty (one of the best-selling franchises in gaming history), World of Warcraft, Overwatch, Diablo, Candy Crush (through King), and StarCraft. The acquisition was the largest in gaming history and faced intense regulatory scrutiny globally.
Pre-acquisition, Activision Blizzard generated revenue from game sales, subscriptions (WoW), microtransactions, and mobile gaming (King's Candy Crush). Call of Duty alone generated over $3 billion annually. Candy Crush was one of the highest-grossing mobile games ever. The company's annual revenue exceeded $8.7 billion. Post-acquisition, these franchises are now part of Microsoft's Xbox Game Studios.
Activision was founded in 1979 by former Atari developers u2014 the first independent video game publisher. Blizzard Entertainment was founded in 1991. The two merged in 2008 when Vivendi Games (Blizzard's parent) combined with Activision. King Digital (Candy Crush) was acquired for $5.9 billion in 2016. Microsoft's $69 billion acquisition closed in October 2023 after 21 months of regulatory battles across the US, EU, and UK.
| Market Capitalization | $75.0B |
| Annual Revenue | $7.02B |
| Net Income | $1.51B |
| Profit Margin | 22% |
| Revenue per Employee | $540000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | ATVI |
Financial data is approximate and based on most recent annual filings.
Activision Blizzard faced a devastating workplace harassment scandal in 2021 when California's DFEH sued the company, alleging a "frat boy" culture of sexual harassment and discrimination. CEO Bobby Kotick was accused of knowing about and failing to address the issues. The Microsoft acquisition was partly motivated by the scandal depressing the stock price. Call of Duty has sold over 400 million copies lifetime.
Activision Blizzard no longer exists as an independent company u2014 Microsoft got an incredible deal, acquiring some of gaming's most valuable franchises at a price depressed by scandal and regulatory uncertainty.
What is Activision Blizzard Inc.'s revenue?
Activision Blizzard Inc. generates approximately $7.02 billion in annual revenue.
How many employees does Activision Blizzard Inc. have?
Activision Blizzard Inc. employs approximately 13,000 people worldwide.
What is Activision Blizzard Inc.'s market cap?
Activision Blizzard Inc. (ATVI) has a market capitalization of approximately $75.0 billion on the NASDAQ.
When was Activision Blizzard Inc. founded?
Activision Blizzard Inc. was founded in 2008 and is headquartered in Santa Monica, CA, United States.
Who is the CEO of Activision Blizzard Inc.?
Bobby Kotick is the current CEO of Activision Blizzard Inc..
What is Activision Blizzard Inc.'s website?
Activision Blizzard Inc.'s official website is activisionblizzard.com.
| CEO | Bobby Kotick |
| Sector | Communication Services |
| Industry | Electronic Gaming & Multimedia |
| Founded | 2008 |
| HQ | Santa Monica, CA |
| Country | United States |
| Website | activisionblizzard.com |
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