Activision Blizzard vs. EA: Which Gaming Giant Levels Up Your Portfolio in 2025?
Microsoft completed its $68.7 billion acquisition of Activision Blizzard in October 2023, paying shareholders $95 per share and ending ATVI’s independent run. Electronic Arts shares hit record highs near $179 in August 2025, up 19% year-to-date, driven by strong earnings and new game launches. EA restructured and cut 6% of staff in 2023. Both companies reported annual revenues near $7.5 billion.