Take-Two Interactive acquires Zynga in record-breaking $12.7 billion deal

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Take-Two Interactive, the publisher of the Grand Theft Auto and Red Dead Redemption series, has announced today it acquired developer Zynga, most well-known for FarmVille and Words with Friends. Take-Two has purchased the Zynga stock at a 64% premium, for a deal worth approximately $12.7 billion, the largest in the history of the videogame industry. Take-Two will acquire Zynga's portfolio of mobile games, and merge its mobile division into Zynga, which will be lead by Zynga CEO Frank Gibeau and president of publishing Bernard Kim.

"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," said Take-Two CEO and chairman Strauss Zelnick.

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Lunar

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Or you get hookers to do the farming in your FarmVille game for cocaine production, which you sell in GTA 6....


SHIT!

we on to something.
Here me out: farming cowboys with hookers. It also has a free mobile app that allows you to manage cocaine farms and pimp on the go
 
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diggeloid

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It looks like they have a bunch of bizarre Unity asset flips on the app store, alongside the big licensed games like Game of Thrones Slots, and a Harry Potter bejeweled clone. They're also making a Star Wars game for the Switch?

It seems like their revenue has been skyrocketing in the past two years, and they've seen nearly $3 billion in revenue in 2021. If they keep it up, that $12.7 billion price will look like a steal.
 
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ChibiMofo

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All that money and still no GTA 6? I can’t wait for them to somehow ruin this company like they did Rockstar
This ignores the fact that Rockstar released Red Dead Redemption 2 in between. Rockstar is fine and has never even announced that a GTA 6 will ever be made. Thus the lack of a GTA6 is an odd charge to level against them.

I do find it interesting that the biggest acquisition in videogame industry history is of a mobile gamemaker. The gaming world has indeed changed.
 
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The Catboy

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This ignores the fact that Rockstar released Red Dead Redemption 2 in between. Rockstar is fine and has never even announced that a GTA 6 will ever be made. Thus the lack of a GTA6 is an odd charge to level against them.

I do find it interesting that the biggest acquisition in videogame industry history is of a mobile gamemaker. The gaming world has indeed changed.
Rockstar isn't fine and honestly hasn't been fine since GTA4. Sure they released Red Dead Redemption 2 but they've pretty much stagnated ever since GTA5 came out. Then you have their attempts at the Trilogy go completely tits up. They've noticeably changed when Take-Two took them over and it's not been for the better.
 

codezer0

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What the fuck has Zynga done since farmville? Zynga wasn't even worth a blip in mobile gaming since, let alone to warrant that kind of buyout.

The only good spin of this is that if turd two erases them, it would be a net good. But knowing the idiots there, they'll just use their databases to speed run banning legit purchasers and arresting modders of their games.
 

HarveyHouston

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Now the criminals in GTA will steal cows instead of cars. Also, new violence element - see the crooks blow up cows and watch beef fly! Meanwhile, in FarmVille, the farmers will steal tractors and take them on low-speed chases. Fun! :rolleyes:

I never played Zynga games or Take-Two games, so not interested. I just came here to ridicule. :evil:
 

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