Activision, Inc. (Nasdaq: ATVI) announced today that the company has signed an exclusive, long-term agreement to publish games developed by Infinity Ward, a newly formed studio comprised of 22 of the individuals who developed the critically acclaimed PC title Medal of Honor Allied Assault, which was the #1 best-selling PC game in the United States for the January through March 2002 quarter, according to NPD Intelect. This partnership further solidifies Activision’s position as the leading publisher and distributor of first-person action games. Activision also announced that it has made a 30% equity investment in Infinity Ward with an option to acquire the remaining 70%.

“We always want to collaborate with top development talent and deliver outstanding first-person action games to the marketplace,” said Larry Goldberg, executive vice president of Activision Worldwide Studios. “Our deal with Infinity Ward furthers this strategy and our equity position reinforces our intention to invest in high-quality entertainment software studios.” The Infinity Ward announcement follows Activision’s recent acquisitions of Treyarch Inventions, LLC, Gray Matter Interactive Studios and Shaba Games, each of which has developed a title that has shipped more than one million units within the past nine months.