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Take-Two Interactive to Acquire ‘Borderlands’ Developer Gearbox From Embracer Group for $460 Million
The sale of Gearbox marks the latest insistence of Embracer unloading assets, following the company divesting Saber Interactive. “Our acquisition of Gearbox is an exciting moment for Take-Two ...
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the “Company” or “Take-Two”) today announced a proposed underwritten ...
Take-Two Interactive's acquisition of Gearbox Entertainment represents a strategic enhancement to its business model, one that aims to solidify its presence in the gaming industry and deliver ...
The most expensive acquisition in the history of the video game industry became public knowledge on January 10 when publisher Take-Two announced it intends to purchase Zynga with a cash and stock ...
Take-Two Interactive Software guided for a loss and lower-than-expected sales in its current fiscal year, which will no longer receive a boost from the next installment of the “Grand Theft Auto” ...
Take-Two Interactive Software has invested significantly in its PC and console division, signaling a strategic focus on expanding its production of AAA games. The acquisition of Zynga has provided ...
but at the same time it may be eyeing up a major acquisition of its own: Take-Two Interactive. Benzinga.com reports that, while Sony has historically opposed large-scale mergers in the industry, the ...
Zelnick told Yahoo News that he views Microsoft as an ally of Take-Two Interactive and that he will support the Activision acquisition as the companies wouldn’t be directly in competition with ...
Take-Two Interactive, the powerhouse behind the ... signaling a strategic consolidation of their development assets. This acquisition aligns with Take-Two’s goal to boost future revenues ...
Take-Two Interactive's costs are rising as fast as revenues, and the Zynga acquisition has yet to prove itself. Of course, GTA 6 is an excellent argument, but even this is not without risk ...
As the leader of Take-Two Interactive, Strauss Zelnick is on ... most recently completing a nearly $13 billion acquisition of mobile games giant Zynga. “We were already a leader in the console ...
As noted by IGN, Take-Two Interactive achieved a record annual high net bookings of $5.3 billion this past fiscal year, which was thanks to the contributions of Zynga, the acquisition of which ...
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