Grand Theft Auto maker buys FarmVille company in $12.7B deal

  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 91%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a deal valued at about $12.7 billion.

FILE - A pedestrian walks in front of a sign at Zynga in San Francisco, Tuesday, March 16, 2021. Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal with an enterprise value of about $12.7 billion. Take-Two said Monday, Jan. 10, 2022, it anticipates $100 million in annual cost savings.

The acquisition announced Monday would wed a powerhouse in console gaming, Take-Two, with a mobile gaming company with an almost cult-like following. “This strategic combination brings together our best-in-class console and PC franchises, with a market-leading, diversified mobile publishing platform that has a rich history of innovation and creativity,” Take-Two Chairman and CEO Strauss Zelnick said in a prepared statement. He will retain those roles when the companies become one.

Zynga CEO Frank Gibeau and its president of publishing, Bernard Kim, will oversee the integration and day-to-day operations of the combined Zynga and T2 Mobile Games business, which will operate under the Zynga brand as its own label within the Take-Two.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Grand Theft Auto maker buys FarmVille company in $12.7B dealTake-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion. Words with friends gonna be nasty now! Wasn't Zynga going out of business. I know I heard of Farmville going away at some point .
La source: ABC - 🏆 471. / 51 Lire la suite »

Grand Theft Auto maker buys FarmVille company in $12.7B deal | AP NewsTake-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion. The acquisition announced Monday would wed a powerhouse in console gaming, Take-Two, with a mobile gaming company with an almost cult-like following. Sorry, off topic. Please read my account before insulting me. I am a pensioner in Russia. I'm asking out of need. I feed stray cats - I can't leave them (I tried, I can't), the pension is small ($250 month), maybe you can help me? maybe cat food? maybe a retweet? Thanks Cats Maybe now they can bring back Pathwords!! Take Two tapping into that vaunted demographic, boomers who don't know how to turn on a game console.
La source: AP - 🏆 728. / 51 Lire la suite »

Grand Theft Auto maker buys FarmVille company in $12.7B dealTake-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion. Words with friends gonna be nasty now! Wasn't Zynga going out of business. I know I heard of Farmville going away at some point .
La source: ABC - 🏆 471. / 51 Lire la suite »