GTA Mobile coming soon, Take-Two will complete the acquisition of Zynga for $1.5 billion

In January of this year, video game developer Take-Two announced its acquisition of Zynga. Social game developers would get new owners for the massive sum of $12.7 billion. This is certainly not the highest amount, after the acquisition of Activision by Microsoft for almost 69 billion dollars. However, it is still a very impressive amount. That’s way more than the Embracer Group paid for some of Square Enix’s profitable IPs. Take-Two, which happens to be the big company behind Rockstar and other ventures, announced that it would close the deal on May 23. The deal will actually be fully concluded before the end of June. The deal could pretty much result in a new GTA Mobile.
Shareholders of both companies on Thursday approved all merger-related proposals. It should close on Monday, May 23. Zynga shares will be suspended after market close on Friday and will no longer be listed on the Nasdaq exchange. Interestingly, it will occupy the position of the biggest acquisition in the history of the gaming industry. We have already said that Microsoft’s acquisition of Activision Blizzard greatly exceeds this, however, this deal will take some time to be finalized. concluded. Until then, the acquisition of Take-Two will get the crown.
Take-Two will boost efforts on mobile platforms, GTA Mobile is a strong possibility
According to Take-Two CEO Strauss Zelnick, Zynga’s expertise can help it advance its free-to-play, cross-platform game ambitions and bring its console and PC properties to mobile devices.
For those unaware, Take-Two is headquartered in New York and bills itself as one of the largest game developers and publishers in the United States. It owns a large number of studios, such as 2K Games and Rockstar Games, and its representative works currently include the “Grand Theft Auto” series and the “Bioshock” series. Zynga, on the other hand, is a social gaming company based in San Francisco, USA. His representative works include the “FarmVille” (Happy Farm), “Treasure Isle” and “Texas Hold’em” series.
Zynga CEO Frank Gibeau added, “We’re excited to take it even further by combining Zynga’s free-to-play expertise and next-gen mobile platform with the best features of Take-Two. and renowned intellectual property”. This can result in the brand new GTA Mobile. After all, the game would be perfectly suited for today’s mobile industry.
As of now, Zynga’s exact future under Take-Two’s control is unclear. The company can port or create new IP addresses for mobile platforms. The company’s most successful title, GTA V, for example, is one of the highest-grossing online games in history. The game would have nearly 170 million copies worldwide, which is a world record for the video game industry. Maybe in the future a mobile port of GTA V could become a reality. After all, the hardware of mobile smartphones is improving every year.
Take-Two has plenty of IPs to reveal in the coming years. However, all expectations and…