Activision Blizzard Logo — Activision Blizzard Inc. , formerly Activision, Inc. ( NASDAQ : ATVI ) is a U.S. video game that has Activision and Blizzard Entertainment , which, in turn, belongs to the conglomerate Vivendi SA . The company is the result of the merger between Activision and Vivendi Games , an agreement that was made public on December 2, 2007, for a total amount of 18,800 million dollars.
The buying process ended on July 9, 2008. The new company believed that the merger of the two would result in “the largest and most profitable video game retailer in the world”. Activision Blizzard “has been leading market positions in all categories” of the video game industry . More