Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Take-Two acquires Zynga, creator of Farmville and Words with Friends

% of readers think this story is Fact. Add your two cents.

Take-Two Interactive Software Inc (NASDAQ:TTWO). is to acquire the outstanding shares of competitor Zynga, unifying two of the largest businesses in interactive computer gaming.

NASDAQ listed Take-Two, which publishes games such as the Grand Theft Auto and the 2K sports franchises, has agreed to acquire Zynga’s shares at US$9.86 per share with a total value of US$12.7bn.

More of a specialist in console and PC gaming, Take-Two will turn itself into one of the largest publishers of mobile gaming with the purchase of Zynga, which have created hugely popular games like Farmville and Words with Friends.

Strauss Zelnick, chairman and chief executive of Take-Two said the deal “significantly diversifies our business and establishes our leadership position in mobile, the fastest growing segment of the interactive entertainment industry.”

Mergers and acquisitions action in the gaming industry has far from stopped during the pandemic, with the past 12 months seeing London-listed Codemasters acquired by EA in February for US$1.2bn, and Sumo Group’s takeover by Tencent for US$1.2bn announced in July.

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.