The video game industry has been a very large and competitive one for over 40 years. In that time, some companies have continued to grow due to their innovation and ability to provide fun and exciting games to their customers. One company that has continued to be a leader in the industry has been Activision Blizzard.
Activision Blizzard is a very successful video game company that was formed in 2008. However, the history of the company dates back to 1991 when Bobby Kotick and a group of investors acquired a failing video game company. By 1997, they had made the company profitable and then started to develop some of the most innovative games in the 1990s and 2000s. This has included a variety of popular lines including Call of Duty and Guitar Hero, both of which have developed an international presence and following.
In 2008, the company completed a merger and stock sale that has resulted in the firm and structure that is still around today. It is not a publicly traded company that has more than $7.5 billion in annual revenue and nearly $2 billion in net income. Much of this is due to the great product launches of further Call of Duty games and online play, the Warcraft, series and even Candy Crush, which is one of the most popular online games and apps in the world.
Going forward, Activision Blizzard will continue to strive to be an innovative company that will benefit both video games and shareholders of the firm. Activision Blizzard was one of the first to acknowledge the popularity and demand for online and social gaming. They are looking to continue to develop this space, which includes the recent release of the Warzone add-on, which is already immensely popular.
Additionally, Activision Blizzard is going to expand its mobile gaming, A mobile devices become more powerful and easier to control, there is a lot more potential for these games. One of the most anticipated titles is Diablo Immortal.