Take-Two Interactive Acquires Playdots
August 18, 2020
Take-Two Interactive has entered into a definitive agreement to acquire mobile games developer Playdots for $192 million, comprised of $90 million in cash and the remainder in newly issued Take-Two common stock. Playdots, a New York City–based studio known for Two Dots and other casual free-to-play titles, will remain led by CEO Nir Efrat and its ~70 employees following the closing, expected in Q3 2020.
- Buyers
- Take-Two Interactive Software, Inc.
- Targets
- Playdots, Inc.
- Industry
- Software
- Location
- New York, United States
- Transaction Type
- Buyout
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