Take-Two acquires the Zynga mobile gaming division

Take-Two, com franchise parent-warrioro Grand Theft Auto, Red Dead Redemption, NBA 2K, BioShock, Borderlands Yes civilization, bought Zynga for a total of $ 12.7 billion. Completion of such an acquisition would occur in the first quarter of Take-Two’s fiscal year 2023.

According to Take-Two Interactive, this “transformative combination makes the company one of the largest and most diverse distributors of mobile games in the industry”. Zynga’s portfolio includes FarmVille, CSR Racing, Empires & puzzles, Harry Potter: Riddles & Spells, Toy explosion, Words with friends, Zynga Poker and many more.

“This strategic combination brings together the best of console and PC franchises with an ever-growing and diversified market for mobile games. A long history of innovation and creativity. Zynga also has a highly talented and experienced team. We look forward to welcoming you to the Take Two family in the coming months. “said Strauss Zelnick, President of Take-Two Interactive.

For his part, Frank Gibeau, President of Zinga, said the following.

“The combination of Zynga on next generation mobile phones and platforms with the high skill and intellectual qualities of Take-Two will enable us to advance our mission to connect the world through video games. Together we achieve significant growth and synergies. We’re going to embark on a new journey that will allow us to make better games, reach bigger audiences, and take leadership roles in the next era. “

Among the largest video game company acquisitions, Zynga’s by Take-Two beats the rest at $ 12.7 billion. It is followed by Tencent’s Supercell ($ 8.6 billion), Microsoft’s Zenimax ($ 8.1 billion), King for Activision ($ 5.9 billion), Moonton for ByteDance ($ 4 billion), and Mojang for Microsoft ($ 2.5 billion).

Source: Businesswire

Via: Gematsu

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