Take-Two acquires mobile games giant Zynga in $12.7B deal

Recreation writer Take-Two Interactive is buying Zynga, the cell and social video games big answerable for FarmVille, Phrases with Buddies, and CSR Racing, in a deal valued at $12.7 billion, the businesses introduced Monday.

The deal is without doubt one of the largest in online game acquisition historical past, exceeding Microsoft’s buyout of ZeniMax Media and Tencent’s buy of Supercell. It’s going to give Take-Two a serious enhance in its cell video games library, which at present contains video games like Dragon Metropolis, Monster Legends, Two Dots, and WWE Supercard. Take-Two chairman and CEO Strauss Zelnick mentioned in a press release the acquisition “considerably diversifies our enterprise and establishes our management place in cell, the quickest rising section of the interactive leisure trade.” Zynga’s cell lineup contains common video games resembling Empires & Puzzles, Excessive Heels!, Merge Dragons, and Toon Blast.

Take-Two Interactive’s present console and PC video games lineup contains established hits like NBA 2K, Grand Theft Auto, and Borderlands, and its upcoming slate contains Borderlands spinoff Tiny Tina’s Wonderlands, WWE 2K22, Marvel’s Midnight Suns, and an enhanced and expanded model of Grand Theft Auto 5 for PlayStation 5 and Xbox Collection X.

Conventional video games publishers have been on a cell video games writer shopping for spree over the previous yr, with Take-Two having additionally acquired Prime Eleven Soccer Supervisor developer Nordeus in 2021. Rival publishers Digital Arts additionally snapped up Glu Cellular and Playdemic, and Embracer Group acquired Easybrain in certainly one of its many acquisitions, previously yr.

2021 was rife with consolidation and acquisitions, with EA additionally additionally shopping for Tremendous Mega Baseball maker Metalhead Software program; Netflix shopping for Oxenfree developer Evening Faculty Studio; Tencent shopping for Again 4 Blood creators Turtle Rock Studios; and Sony snapping up Bluepoint Video games, Housemarque, Firesprite, and Nixxes Software program.

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