Take-Two earns Zynga a gaming giant $ 12.7 billion

PC Giant Take-Two games are included he announced that it is making a major move in mobile games and acquiring Zynga at a cost of approximately $ 12.7 billion. Take-Two already has Rockstar Games, Codemasters and 2K, making games like Grand Theft Auto, Red Dead Redemption, Bioshock and others. Zynga, meanwhile, makes some well-known mobile themes like CSR Competition, FarmVille, and Words and Friends.

Take-Two said the deal will bring in $ 6.1 billion over 12 months of web hosting, meaning it will be one of the largest companies in the world. “This excellent integration brings together our state-of-the-art machines and PC franchises, with the most advanced, diversified printing platform with a good track record and expertise,” said Take-Two Chairman and CEO Strauss Zelnick. The agreement will also help Take-Two save about $ 100 million a year after two years.

Zynga himself was on a shopping spree late, finding the studio behind Lamp 3 early last year. Zynga sometimes relies on purchases to find the hottest games in the well-known mobile gaming market. However, Take-Two said mobile companies have saved $ 136 billion by 2021 and are currently growing at 8 percent, so that investment should be. Mobile now accounts for half of all its stocks (the number of products and services sold digitally or for physical sale), the company said.

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