Why Take-Two Acquiring Zynga Is a Big Deal for Gamers

One big gaming firm buys one other and, hopefully, players stand to win in consequence.

video game console and mobile phone

Take-Two, a PC gaming firm, is shopping for Zynga, a cellular gaming firm, for roughly $12.7 billion. That is in all probability the largest acquisition in online game historical past.

That is additionally a giant deal for players and this is why.

Two Heads Are Higher Than One

Take-Two Interactive has added Zynga and its roster of video games to its portfolio in a deal that values one Zynga share at $9.86. Take-Two pays for every Zynga inventory with $3.50 in money. They are going to cowl the remaining steadiness of $6.36 by paying with shares of Take-Two frequent inventory. This brings the worth of Zynga to $12.7 billion. The sale will take a few yr to conclude, offering it receives shareholder and regulatory approvals.

Associated: GTA Writer Take-Two Interactive Buys Codemasters

This can be a nice acquisition for Take-Two. Zynga publishes very fashionable free-to-play cellular video games like CSR Racing, FarmVille, and Phrases with Associates. Zynga has suffered a big drop in share value because it went public, so the timing was proper for Take-Two to swoop in.

Take-Two expects to save lots of hundreds of thousands of {dollars} in operational prices. They may even entice extra customers, and increase market share by exploiting Zynga’s infrastructure and expertise.

Why This Is a Huge Deal for Avid gamers

happy young gamers holding consoles

Take-Two will likely be counting on Zynga to launch free-to-play cellular variations of its greatest franchises. On Monday, Take-Two CEO Strauss Zelnick informed buyers:


“We see great untapped potential to carry Take-Two’s famend console and PC properties to cellular, a high-priority initiative that will likely be energized by the addition of Zynga’s main growth, publishing, and reside operations groups.”

Take-Two publishes vastly fashionable video games together with Grand Theft Auto (GTA), the NBA 2K collection, Crimson Lifeless Redemption, and Bioshock. Its acquisition of Zynga will permit it to develop and deploy free-to-play variations of its video games on cell phones. To that finish, they may depart Zynga’s administration staff intact.

Avid gamers to Profit From Zynga Acquisition

Take-Two’s buy of Zynga must be excellent news for players. It means you will now not have to attend to get dwelling to bask in a little bit of GTA. The sport will in all probability be accessible in your telephone very quickly and you may get your adrenaline repair on the subway or in an Uber. Avid gamers who can’t afford PCs and laptops, however have a fundamental smartphone, may even have entry to a greater variety of Take-Two video games.

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