Activision Blizzard has issued an extremely brief press release stating that all parties to the ongoing dispute between Infinity Ward and the publisher have reached settlement.

The terms of this settlement are to remain strictly confidential, and follow on the heels of a USD $42 million payout to the Infinity Ward Employee Group.

The report also clarified that "[Activision Blizzard] does not believe that the incremental one-time charges related to the settlement will result in a material impact on its GAAP or non-GAAP earnings per share outlook for the current quarter or the calendar year, due to stronger-than-expected operating performance in the current quarter."