February 9, 2023

Tor Go Devil

No game no life

Take-Two Interactive is buying Zynga for $12.7 billion

Zynga, which became a mobile and social gaming behemoth a decade ago on the strength of its hit game Farmville, is becoming a part of Take-Two Interactive. Take-Two announced today that it has made a deal to acquire the company for $12.7 billion, a takeover that will turn the Grand Theft Auto publisher into one of the biggest mobile game companies in the industry.

“We are thrilled to announce our transformative transaction with Zynga, which significantly diversifies our business and establishes our leadership position in mobile, the fastest growing segment of the interactive entertainment industry,” Take-Two chairman and CEO Strauss Zelnick said. “This strategic combination brings together our best-in-class console and PC franchises, with a market-leading, diversified mobile publishing platform that has a rich history of innovation and creativity. Zynga also has a highly talented and deeply experienced team, and we look forward to welcoming them into the Take-Two family in the coming months.”

Source link