TakeTwoInteractive closed the deal to acquire mobile game developer Zynga for $12.7 billion.
Take-Two Interactive, the video game publisher that owns Rockstar, 2K, and Private Division, has completed its acquisition of Zynga, the mobile game developer behind the popular Facebook game FarmVille.
Strauss Zelnick, CEO and chairman of Take-Two, said the merger was vital for the company to add mobile gaming to its portfolio in order and to generate more revenue with Zynga’s expertise. “As we bring together our exceptional talent, exciting pipelines of games, and industry-leading technologies and capabilities, we believe that we can take our portfolio to another level of creativity, innovation, and quality,” he said in a press release.
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