Activision obtains Treyarch
It was announced today the acquisition made by Activision of Treyarch Invention. Popular for such titles as Tony Hawk Pro Skater 2 and Spider-Man for the DC, Treyarch will now head operations of action and action-sports games. Receiving 545,974 shares of Activision stock, the company will be the subsidiary owners of Activision. Treyarch is currently in the process of creating Tony Hawk's Pro Skater 2x, Spider-Man: The Movie, Shaun Palmer's Pro Snowboarder 2, Kelly Slater's Pro Surfer, and Minority Report for Activision.
"Treyarch is an outstanding developer with an experienced management team and a very talented group of programmers, designers, and artists,'' said Ron Doornink, president and COO of Activision. "The company's multiplatform development capabilities and proprietary cross-platform technologies complement Activision's rich brands--making them a natural fit."
"We are tremendously pleased to be a part of Activision,'' said Don Likeness, president of Treyarch. "We look forward to developing the best action and action-sports games available and are confident that our multiplatform development strengths will contribute to Activision's ongoing success and leadership in the console marketplace."
10/3/2001 Matt Stensrud
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