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Treyarch was acquired by Activision in 2001. Today, the documented corporate chain is Microsoft → Activision Blizzard → Treyarch Corporation: Microsoft became Activision Blizzard’s parent in October 2023, rather than buying Treyarch in a separate transaction.
How Treyarch became part of Activision
Activision’s 2002 annual report says it acquired all outstanding ownership interests in Treyarch Invention, LLC, effective October 1, 2001. Treyarch’s own 2021 retrospective likewise says Activision acquired the studio in 2001.
Activision reported the transaction value as approximately $15.6 million, including forgiveness of a note receivable and acquisition costs. That is a historical accounting figure from the acquisition—not Treyarch’s current valuation.
How Microsoft fits into Treyarch’s ownership
Activision Blizzard’s 2022 SEC filing described a proposed merger structure under which Activision Blizzard would become a wholly owned Microsoft subsidiary. In October 2023, Activision Blizzard announced that it had officially become part of Microsoft. The resulting documented ownership chain is Microsoft, through Activision Blizzard, to Treyarch.
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Activision Blizzard’s 2022 SEC-filed subsidiary exhibit lists Treyarch Corporation as a Delaware entity. The 2001 acquisition disclosure, however, names Treyarch Invention, LLC. Those records establish the historical acquisition and the later subsidiary listing, but do not establish that the two names refer to one unchanged legal entity.
What Treyarch does—and what ownership does not tell you
Treyarch is a game development studio associated with the Call of Duty series. Activision credited Treyarch and Raven Software as developers of Call of Duty: Black Ops Cold War. That credit describes a development role; it is not a separate ownership arrangement.
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The cited company filings and announcements establish the corporate chain, but do not establish Treyarch’s current leadership, staffing, internal autonomy, or standalone market value.
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- BONUS 2X OFFER — Purchase Call of Duty: Modern Warfare 4 at Amazon and receive 5 hours of Double XP.**
- PRE-ORDER BONUS — Pre-order and unlock the Hunter Killer Operator Skin and the Gilded Pearl Camo Pack.*
- GLOBE‑SPANNING CAMPAIGN — Fight across the Korean Peninsula, New York, Paris, and Mumbai in a high‑stakes narrative where global conflict escalates and survival depends on tactical precision.
- MULTIPLAYER BUILT ON CONTROL — Engage in grounded, precise combat where fluid movement, player choice, and refined mechanics give you greater control in every firefight.
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- BONUS 2X OFFER — Purchase Call of Duty: Modern Warfare 4 at Amazon and receive 5 hours of Double XP.**
- PRE-ORDER BONUS — Pre-order and unlock the Hunter Killer Operator Skin and the Gilded Pearl Camo Pack.*
- GLOBE‑SPANNING CAMPAIGN — Fight across the Korean Peninsula, New York, Paris, and Mumbai in a high‑stakes narrative where global conflict escalates and survival depends on tactical precision.
- MULTIPLAYER BUILT ON CONTROL — Engage in grounded, precise combat where fluid movement, player choice, and refined mechanics give you greater control in every firefight.
- TACTICAL DMZ OPERATIONS — Deploy behind enemy lines as an off‑the‑books asset, making high‑risk decisions on objectives and extraction in a dynamic mode where every run counts.
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Sources
- Activision, Inc., 2002 Annual Report — acquisition disclosure.
- Treyarch, “Celebrating 25 Years of Making Games” (2021) — studio retrospective.
- Activision Blizzard, 2022 Exhibit 21.1 — subsidiary list.
- Activision Blizzard, 2022 Form 10-K — proposed merger structure.
- Activision, “The Next Generation of Black Ops Is Here!” (2020) — game developer credit.
- Activision Blizzard, “Our next adventure” (October 2023) — acquisition-close announcement.
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