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Blizzard Entertainment develops and publishes video games. They have released many popular video games and video game series, including Warcraft, Starcraft, Diablo, World of Warcraft, Hearthstone, Heroes of the Storm, and Overwatch.
Blizzard Entertainment was founded in 1991 as Silicon & Synapse. In 1993 it was renamed to Chaos Studios, then in 1994 it was renamed to Blizzard Entertainment. In 2000, the company was acquired by Vivendi, and in 2008 Vivendi Games merged with Activision to create Activision Blizzard.
Activision Blizzard was the subject of a lawsuit from the California Department of Fair Employment and Housin in July 2021,As a result of the California lawsuit and of delays and release issues with their more recent games, Activision Blizzard's stock faced severe pressure. Subsequently, Microsoft seized the opportunity to become one of the largest video game companies in the world and announced its intent to acquire Activision Blizzard and its subsidiaries, including Blizzard, for $68.7 billion in January 2022. The deal is expected to close by mid-2023, during which Activision Blizzard will remain its own company and, once finalized, will be moved into the Microsoft Gaming division.
