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Activision Acquires Treyarch

Strengthening its grip in the action-sports genre, Activision today announced that it has acquired Treyarch Invention.
Treyarch, located in Santa Monica, CA, was founded in 1996 and has 140 employees spread across five development teams, plus a cross-platform technology team. Under the terms of the agreement, Treyarch becomes a wholly owned subsidiary of Activision. The deal cost Activision $20 million in stock, and Treyarch's management team and key employees signed long-term employment contracts with Activision. Treyarch is currently developing several titles for Activision, including Tony Hawk's Pro Skater 2x, Spider-Man The Movie, Shaun Palmer's Pro Snowboarder 2, Kelly Slater's Pro Surfer and Minority Report. Additionally, Treyarch has worked a number of other titles for other publishers, including Triple Play Baseball for EA, Nagano Olympic Hockey 98 for Midway, Draconus: Cult of the Wyrm for Crave, and Max Steel: Covert Missions for Mattel. Activision said the acquisition will bolster the company's internal product development capabilities for the next-generation console systems, and strengthen its position in the action and action-sports genres.

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