Take-Two Interactive officially acquired Zynga in a large gaming transaction

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The purchase is complete — the gaming industry will shrink further

zynga takes two acquisition heroes

In January of this year, Take-Two Interactive announced a partnership with Zynga (famous for FarmVille). Take-Two will buy Zynga for a $ 12.7 billion valuation. At the time, the deal was still underway and was one of the largest in the gaming industry, and as of Monday, Take-Two announced the completion of its integration with Zynga. Zynga shareholders received $ 3.50 in cash and 0.0406 shares of Take. -Zynga common stock 2 common stock per share.

The above tweet from Zynga is press release Announced a recent merger.There’s not much information, but the $ 12.7 billion merger is one of the largest in the industry, and Microsoft’s bold proposal to buy Activision Blizzard for $ 68.7 billion (probably). Move fast), But definitely more Microsoft’s Purchase of Bethesda for $ 7.5 Billion..

This recent news Merger completed It’s a big step for Take-Two.As you know the company Hope to harness Zynga’s talent Completed by pump out Free play casino game.. Therefore, we seem to be heading for an unknown and perhaps a dark future. High-quality games are rarely made for fun because a few companies own all the big brands, but instead, like all sports in 2K, games are ironic. A company conveniently owned by Take-Two, a game made for profit (imagine). That’s why I’m afraid to think about what Take-Two will do with Zynga’s knowledge and talent, as I’m convinced that microtransactions and fragmented live service games will be a big part of the merger.

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