Activision has formally announced that it got shareholder approval for merger with Vivendi. Around 92% of their shareholders approved the proposed merger and the transaction is now officially closed. The planned Activision-Vivendi merger was first mentioned last December 2007; through it, Vivendi which is the parent of Sierra and Blizzard will become a fully-owned Activision subsidiary.

Activision’s name will become Activision Blizzard which had also been approved by its shareholders. Formally, it will trade under NASDAQ under its old symbol though, ATVI. Activision and Vivendi Games will be able to combine through business with this merger. To be headquartered in Santa Monica, this subsidiary is a worldwide console and online game manufacturer with leading market positions in all categories. It will be able to take advantage of the fast growing interactive software industry.

The company also has operations in Canada, France, the United Kingdom, Germany, Italy, Ireland, Spain, Sweden, and Denmark among others. In Asia, it will have a presence in China, Japan, South Korea, and Taiwan.