Blizzard, one of the giants in the gaming industry, through its parent company, Vivendi has just announced that they are merging with Activision to form a new company called Activision Blizzard.

This new company is “expected to have approximately $3.8 billion in pro forma combined calendar 2007 revenues and the highest operating margins of any major third-party video game publisher. On closing of the transaction, Activision will be renamed Activision Blizzard and will continue to operate as a public company traded on NASDAQ under the ticker ATVI.” said their official press release.

This Combination Brings Activision’s Best-Selling Video Games, Including Guitar Hero®, Call of Duty®, and Tony Hawk, Together With Vivendi Games’ Portfolio of Leading Franchises, Including Crash Bandicoot and Spyro, and Blizzard Entertainment’s StarCraft®, Diablo® and Global #1 Subscription-Based World Of Warcraft®

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