In 2000, Blizzard Entertainment was not a standalone publicly traded company; it operated as a subsidiary under Vivendi Universal Games. Therefore, a direct market capitalization figure for "Blizzard" itself from public stock markets is not available for that year. The financial data typically associated with the ATVI stock ticker for the year 2000 reflects the market capitalization of Activision, which was a separate public company at the time, before its merger with Blizzard's parent company in 2008.
On December 29, 2000, Activision, the company whose ticker symbol (ATVI) later came to represent the combined Activision Blizzard entity, had a market capitalization of $369.70 million. This figure represents Activision's valuation as an independent publicly traded company.
Activision's Market Capitalization Around 2000
The table below provides a snapshot of Activision's market capitalization during the period surrounding 2000, illustrating the valuation of the company that would later merge with Blizzard's parent entity.
| Date | Market Capitalization | % Change |
|---|---|---|
| Dec 31, 2002 | $978.80 million | -27.68% |
| Dec 31, 2001 | $1.35 billion | 266.08% |
| Dec 29, 2000 | $369.70 million | -3.55% |
| Dec 31, 1999 | $383.30 million | 55.81% |
Key Insights
- Separate Entities: In 2000, Activision and Blizzard Entertainment were distinct companies. Activision was a publicly traded company, while Blizzard was a part of Vivendi's gaming division.
- Merger: The formation of Activision Blizzard, as it is known today, occurred in July 2008. This resulted from the merger of Activision with Vivendi Games, which encompassed Blizzard Entertainment. After this merger, the ATVI stock ticker began to represent the combined corporate entity.
- Contextual Valuation: While a direct valuation for Blizzard in 2000 isn't publicly available due to its subsidiary status, the provided Activision market cap offers insight into the valuation of one of the key companies that would eventually form the modern gaming giant.
