In 1987, Robert Kotick (now President and CEO of Activision Blizzard) tried to acquire Commodore International.When Kotick was unsuccessful he instead purchased a controlling stake in LCI, thus also becoming LCI's CEO and Chairman in June 1990.[22][23] Kotick later traded out of his stake in LCI and bought a 25% stake in Activision in December 1990. In March 1991, Kotick became CEO at Activision.[24]