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I can assure you, it was only a rumor started by someone on Kotaku and spread by GUNNS4HIRE and Machinima and other youtube sensations.
> The name isn't mentioned in trailers, the MW3 website, nor the Raven website
> You can search the source code for callofduty.com/mw3 and you won't find the 3 letters "rav" together anywhere, let alone the word "raven"
> From the start, it didn't sound believable, considering Raven hasn't developed any games as prestigious as a Call of Duty installment (no, i'm not being a CoD fanboy, i'm basing this off sales)
> Raven is already working on other titles (i believe a James Bond game)
> However, it is possible that Infinity Ward/Sledgehammer hired some of Raven's employees or even hired the company under the Infinity Ward name or another similar situation