GTA Mobile will soon take Take-Two to complete $ 1.5 billion acquisition of Zynga

by admin, Sunday, 22 May 2022 (3 months ago)

In January of this year, the video game development company Take-Two announced the acquisition of Zynga. Social game developers will acquire new owners for a whopping $ 12.7 billion. This is certainly not the highest amount, after the acquisition of Activision by Microsoft for almost 69 billion dollars. However, it is still a very impressive amount. That’s a lot more than the Embracer Group has paid for some of Square Enix’s lucrative IPs. Take-Two, which it happens as the big company behind Rockstar and other companies, announced it would close the deal on May 23rd. The deal, in fact, will be fully completed before the end of June. The deal could greatly lead to a new GTA Mobile.

Get two

The shareholders of both companies approved on Thursday all the proposals related to the merger. It is expected to close next Monday, May 23rd. Shares of Zynga will be suspended after the close of trading on Friday and will no longer be part of the Nasdaq stock exchange. Interestingly, it will take the place of the largest acquisition in the history of the gaming industry. We have already said that the acquisition of Activision Blizzard by Microsoft goes far beyond that, however, this agreement will take some time to complete. Until then, the Take-Two acquisition will take the crown.

Take-Two will step up efforts on mobile platforms, GTA Mobile is a powerful feature

According to Take-Two CEO Strauss Zelnick, Zynga’s expertise can help advance its free-to-play and cross-platform ambitions and bring console and PC capabilities to mobile devices.

For those who do not know, Take-Two is headquartered in New York and is one of the largest game developers and publishers in the United States. It has a large number of studios, such as 2K Games and Rockstar Games, and its representative projects currently include the “Grand Theft Auto” series and the “Bioshock” series. Zynga, on the other hand, is a San Francisco-based social gambling company. Her representative works include “FarmVille” (Happy Farm), “Treasure Isle” and “Texas Hold’em”.

Zynga CEO Frank Gibeau added: “We are excited to go one step further by combining Zynga’s know-how for free-to-play and next-generation mobile platform with the best features in the Take-Two category and the famous Copyright”. This can lead to a brand new GTA Mobile. After all, the game would be a perfect fit for the current mobile industry.

GTA Mobile

For now, the exact future of Take-Two Zynga is unclear. The company can transfer or create new IPs for mobile platforms. The company’s most successful title, GTA V, for example, is one of the most lucrative online games in history. The game has almost 170 million copies worldwide, which is a world record for the gaming industry. Maybe in the future, a portable GTA V port will become a reality. After all, the hardware of mobile smartphones is improving every year.

Take-Two has many IPs to reveal in the coming years. However, the whole expectation and the advertising campaign is moving towards GTA VI.

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