"Take-Two Interactive, the video game publisher that owns Rockstar and 2K Games, is set to acquire social game developer Zynga in a deal valued at $12.7 billion (via The Wall Street Journal). The cash and stock transaction is expected to close in the first quarter of 2023, pending regulatory approval.
Take-Two Interactive’s acquisition of Zynga marks the company’s foray into the mobile game market. Take-Two is behind some of the most well-known game series, including Grand Theft Auto, Red Dead Redemption, BioShock, Borderlands, and NBA 2K.
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Combining Zynga’s expertise in mobile and next-generation platforms with Take-Two’s best-in-class capabilities and intellectual property will enable us to further advance our mission to connect the world through games,” said Frank Gibeau, the CEO of Zynga."
Source: https://www.theverge.com/2022/1/10/22876184/take-two-interactive-zynga-acquisition-deal
Take-Two Interactive’s acquisition of Zynga marks the company’s foray into the mobile game market. Take-Two is behind some of the most well-known game series, including Grand Theft Auto, Red Dead Redemption, BioShock, Borderlands, and NBA 2K.
...
Combining Zynga’s expertise in mobile and next-generation platforms with Take-Two’s best-in-class capabilities and intellectual property will enable us to further advance our mission to connect the world through games,” said Frank Gibeau, the CEO of Zynga."
Source: https://www.theverge.com/2022/1/10/22876184/take-two-interactive-zynga-acquisition-deal