Take Two buying FarmVille gang Zynga in $12 7 billion deal Rock Paper Shotgun

Take Two buying FarmVille gang Zynga in $12 7 billion deal Rock Paper Shotgun

Take-Two buying FarmVille gang Zynga in $12.7 billion deal Rock Paper Shotgun Support us Join our newsletter Visit our store Sign in / Create account If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Take-Two buying FarmVille gang Zynga in $12.7 billion deal Planning to make more of their series mobile, and such News by Alice O'Connor Associate Editor Published on Jan. 10, 2022 8 comments Zynga, the company whose games made being Facebook friends with your family even more annoying, are selling to Take-Two. The owners of Rockstar and 2K plan to buy up Zynga shares in a deal that'll value the company at $12.7 billion (£9.4b). Take-Two hope to use Zynga's social and mobile expertise to make more games based on their games. Sure sure, #business and all, but I'd rather spend that much money on 9.8 billion Greggs sausage rolls instead of Grand Theft Autoville or something. Watch on YouTube Take-Two announced yesterday that they're looking to snap up all Zynga shares, paying a mixture of cash and Take-Two stock to shareholders. That'll value the company at $12.7 billion, which frankly is an imaginary quantity of money. At this level of business, what even is numbers? Take-Two and Zynga's boards have approved of the deal, though it's still dependent on shareholders and regulators giving the go-ahead. They expect to complete it sometime from March to the end of June. Along with profiting from Zygna's games, Take-Two hope that their experience will combine with Take-Two's own library of games to form "an industry-leading portfolio". They say "there is a meaningful opportunity to create mobile games and new cross-platform experiences" for "many" of their established series. Take-Two already make some mobile games internally, like NBA 2K, but Zynga boast almost 3000 people and a whole lot of experience. They make more than FarmVille, obvs. Take-Two are not announcing any specific planned projects at this point. But, broadly speaking, I'd expect them to continue to dilute everything they own as much as they can with spin-offs, wring as much value as possible from those #ips and #brands through a belief (perhaps founded, sadly) that people are mostly interested in familiar names. That's business, baby. And this is the consolidation of the video games industry. More News Jack King-Spooner's next handcrafted game has a teaser demo out Judero brings chat and action in the Scottish Borders Alice O'Connor 17 hours ago 1 If you were hoping for any Overwatch 2 balance changes then you'll have to wait until season two The next season begins in December CJ Wheeler 18 hours ago 3 The Dead Space remake will chuck random Necromorphs at you as you wander the Ishimura In space, no one can hear you proper bricking it CJ Wheeler 18 hours ago 8 Valve register mysterious new Neon Prime trademark in the US It doesn’t seem to be for a particularly colourful Steam Deck CJ Wheeler 20 hours ago 11 Latest Articles What are we all playing this weekend? Well? Alice O'Connor an hour ago 22 Past Wordle answers Here's an archive of previous Wordle words Ollie Toms 2 hours ago 1 Wordle answer today (Saturday 15 October) Hints and the answer to today's Wordle word Rebecca Jones 9 hours ago Overwatch 2 hero tier list Which are the best heroes in Overwatch 2? Ollie Toms 16 hours ago Supporters Only You're probably better than me at One Many Nobody You go on without… uh, you? Sin Vega 17 hours ago Supporter podcast - The Nate Files episode 13: dry bones Bad science is also FUN science! Alice Bell 18 hours ago Japanese dating show Love Wagon has surprising parallels with Yakuza and Persona My new obsession Ed Thorn 2 days ago If you're hankering after Bayonetta 3, Valkyrie Elysium might be a good substitute It's not out on PC until next month, but the console demo has been a surprise charmer Katharine Castle 1 week ago 4 We've been talking, and we think that you should wear clothes Total coincidence, but we sell some clothes Buy RPS stuff here
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