With an estimated net worth of $60 billion, Activision Blizzard is a leading developer and publisher of interactive entertainment content.
While Activision sold some of its most successful brands to Blizzard, it continues to be one of the most prominent players in the video game industry. Potential investors and current shareholders would be interested in the company’s net worth as it informs them about its growth and stability. And as of March 2022, Activision’s net worth is over $60 billion.
What is Activision?
Activision Blizzard is an American video game publisher and distributor based in Santa Monica, California. The company was founded in 1979 by David Crane, Alan Miller, and Bob Whitehead, who were programmers at Atari.
The company went public in 1997 with an initial public offering (IPO) of $12 million. It later merged with Vivendi Games to form Activision Blizzard in 2008.
The company’s first video game, Gunfight, was released in 1980 and sold over 1 million copies, instantly making Activision a significant player in the video game industry. Since then, Activision has created popular gaming franchises such as Spyro, Call of Duty, and Tony Hawk.
On July 9th, 2013, Activision acquired Candy Crush Saga developer King Digital Entertainment for $5.9 billion, making it one of The Biggest Deals in Gaming History.
In 2017 Activision became #7 on Fortune 100 Best Companies to Work For list. The same year Activision Blizzard was ranked as one of America’s most admired companies by Forbes.
What is Activision’s Net Worth
Net worth is calculated by adding up all of a company’s assets and then subtracting any debts. The tricky part comes in figuring out which assets and debts to include and where to draw the line.
As of 2022, Activision’s net worth is estimated at over $60 billion, which is a colossal figure that makes him one of the biggest video game publishers in the world. The company’s primary source of income is the gaming industry.
By purchasing Blizzard Entertainment in 2008 and King Digital Entertainment in 2016, Activision has become a world leader in interactive entertainment, with over 4 billion hours played per month across its games by nearly 330 million users.
Conclusion
Activision’s net worth in 2022 is in an excellent range. Its market value is just over $60 billion, which means that they’re one of the most profitable video game companies. Activision has recently focused on key areas to keep up with its competition, such as the pay-to-play business model.
They’ve also been pushing to increase their investment in keeping up with new innovations, such as mobile gaming and more online games.