Take-Two Interactive to Acquire Gearbox Entertainment for $460 Million

Take-Two Interactive Acquires Zynga

May 23, 2022

Cloud & SaaS

Take-Two Interactive Software agreed to acquire all outstanding shares of Zynga for an enterprise value of approximately $12.7 billion, valuing Zynga at $9.861 per share. The deal combined Take-Two’s console/PC portfolio with Zynga’s market-leading mobile franchises and Chartboost platform, with expected annual cost synergies.

Take-Two Interactive Acquires Dynamixyz

July 1, 2021

Software

Take-Two Interactive Software has acquired Dynamixyz, a France-based developer of video-based facial animation, motion capture, and 3D processing tools. Dynamixyz will operate as a division of Take-Two and work exclusively with Take-Two's publishing labels and studios; financial terms were not disclosed.

Microsoft to Acquire ZeniMax Media (Bethesda Softworks)

September 21, 2020

Media & Entertainment

Microsoft announced plans to acquire ZeniMax Media, the parent company of Bethesda Softworks, for $7.5 billion in cash. The deal brings an extensive portfolio of game franchises and multiple development studios (over 2,300 employees across the group) into Microsoft’s Xbox business and will add Bethesda’s future games to Xbox Game Pass.

Rockstar Games Acquires Ruffian Games

October 14, 2020

Media & Entertainment

Rockstar Games has acquired Dundee-based Ruffian Games; the studio will operate under the name Rockstar Dundee with founders Gary Liddon and Billy Thomson remaining as Co-Studio Directors. Terms were not disclosed; Rockstar (part of Take-Two Interactive) said the acquisition expands its global studio footprint and adds development talent and experience to future projects.

Epic Games Acquires Harmonix

November 23, 2021

Media & Entertainment

Epic Games has acquired independent game studio Harmonix, the developer behind Rock Band and Dance Central, to integrate immersive music experiences into Fortnite and support Harmonix’s existing titles. The Harmonix team will collaborate with Epic to develop musical journeys and gameplay for Fortnite as Epic advances its metaverse strategy.

Take-Two Interactive Acquires Playdots

August 18, 2020

Software

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.