It is the second largest contract in the history of video games that has just been finalized on the side of the parent company of 2K Sports and GTA: more than 11 billion euros to obtain the leader in mobile games.
It’s the second biggest buyout in video game historyjust behind that of Activision-Blizzard by Microsoft. take twothe giant behind Rockstar (Grand Theft Auto V) or 2K Sports (NBA 2K22), has officially finalized its acquisition of Zyngaa leading mobile game publisher.
As announced last January, the 11.2 billion euro contract makes Take-Two the new world leader in video games on iOS and Android with a substantial license portfolio and a profitability that is no longer to be proven in the field. We now find within the company apps like Farmville, Mafia Wars or Words with Friends.
The CEO Strauss Zelnickwhich had already announced a 20th of new mobile titles until 2025, including the port of the new GTA The Trilogy Definitive Edition, expressed itself on this acquisition:
We are delighted to complete our combination with Zynga, which is a pivotal step in exponentially increasing our mobile net bookings, lfastest growing segment of interactive entertainment, while providing us with substantial cost synergies and revenue opportunities. By bringing together our exceptional talents, our exciting game pipelines and our cutting-edge technologies and capabilities, we are confident that we can take our portfolio to another level of creativity, innovation and quality.
This takeover is therefore the second largest in history pending the finalization of that of Microsoft, just ahead of ZeniMax by Microsoft and Supercell by Tencent. Find our comparative graphs on this link.
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