All publications by tag «Take-Two»
Newzoo: Activision acquisition puts more pressure on Sony, with Warzone having 25% player share across PS, Xbox, and Steam
Only one month into 2022 and we have already witnessed one of the biggest acquisitions in the history of video games. Newzoo has shared some insights into the latest M&A activity, explaining how acquisitions of Bungie, Activision Blizzard, and Zynga will influence the market.
Take-Two acquiring Zynga in “transformative” deal worth $12.7 billion
Take-Two announced a definitive agreement to acquire Zynga, creating “one of the largest publicly traded interactive entertainment companies in the world.” Take-Two will pay approximately $12.7 billion acquiring all of the outstanding shares of Zynga in a cash and stock transaction.
Take-Two filed dozens of trademark complaints against It Takes Two and other brands over 1.5 years
Take-Two Interactive has been actively monitoring the usage of specific words by other brands for more than a year and a half. However, Take-Two is not the only game company that files such complaints on a regular basis.
GTA modders respond to lawsuit by Take-Two, saying that reverse engineering comes under fair use
A group of modders behind reversed engineered versions of GTA III and GTA: Vice City has responded to a lawsuit by Take-Two. The team insists that their actions and works are protected under fair use and shouldn’t be punished by law.
GTA: The Trilogy gets 0.5 score from players as they demand refunds in wake of disastrous launch
Launch of GTA: The Trilogy — The Definitive Edition has turned out to be a disaster. The remasters of the classic titles got one of the lowest user scores on Metacritic of all time and later went offline for three days. Players are now demanding refunds, complaining about bugs and other issues.
Take-Two to release over 60 games by 2024, including remasters, premium titles, and new IPs
In its latest financial report, Take-Two has announced its “strongest development pipeline.” The publisher has ambitious plans to release dozens of new games, including different premium and mobile experiences.