Activision Blizzard CEO Cowdick resigned at the end of the year, and in 1991 he partnered to purchase a 25% stake in Activision

News from this site on October 13, after Microsoft officially announced the acquisition of Activision Blizzard, in a new letter to Activision Blizzard employees, Bobby Kotick stated that Phil Spencer Sai asked Caudik to continue as CEO of ABK and report to him, and Caudik agreed to complete this task before the end of 2023. This also means that Kotick will resign this year.

In 1991, Cowdick and his partner Brian Kelly purchased 25% of the shares of the nearly bankrupt Activision company (then named Mediagenic) and later changed the company's name back to Activision ,undertaken a comprehensive reorganization and refocused the company's focus on video games.

Caudick became CEO of Activision Blizzard in February 1991. Between 1997 and 2003, Activision Blizzard acquired nine development studios and released its first hit game in 1995. In July 2008, due to the merger of Activision Blizzard and Vivendi Games, he became the CEO of Activision Blizzard

##this site Attached email content:

Team members,

Today marks a milestone in the glorious history of our company.

The merger with Microsoft will bring new resources and new opportunities to our talented teams around the world. It will also allow us to deliver more fun, more joy and more connection to more players than ever before.

This moment is only possible because of your forty years of hard work to innovate, inspire and enable.

When Brian Kelly and I began this journey in 1991, we set out to build a company of massive impact and lasting value. Your tireless efforts and unwavering commitment to excellence enable us to do this. In the 1980s, we pioneered independent third-party game development with Pitfall, River Raid, and Kaboom. In the 1990s, we united the world through online multiplayer games like MechWarrior, Warcraft, and StarCraft. In the 2000s, we launched Call of Duty, which became one of the most successful entertainment franchises in history. We also had Guitar Hero and Tony Hawk's Pro Skater, which entered pop culture in a way that video games had never before. In the 2010s we launched Candy Crush Saga, which has been downloaded more than 5 billion times to date and 50% of our global players are women.

Your dedication allows us to continue to push limits, break records and delight players. Throughout the uncertainty of the past 21 months, you have remained as focused as ever on serving our players and supporting each other.

I have long said that I am fully committed to helping with the transition. Spencer asked me to continue as CEO of ABK and report to him, and we agreed that I would complete this role by the end of 2023. We all look forward to working together to achieve a smooth integration of our teams and players.

Brian and I are very excited for this next phase of ABK. We now join one of the most successful global companies and are ready for unprecedented opportunities to connect the world through our games.

As part of Microsoft, we will do better together.

Bobby

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