Take-Two Interactive announced in January of this year that it would acquire Zynga in a deal worth $12.7 billion. That was the biggest deal in gaming history before Microsoft announced its plan to buy Activision Blizzard for $68.7 billion.
Strauss Zelnick, CEO of Take-Two, said: “We have taken an important step forward for the mobile sector, the fastest growing sector in interactive entertainment. We have officially merged with Zynga, which will provide us with significant revenue opportunities. We’re excited about that.
By combining our extraordinary talent, exciting series and high technologies, we will offer you innovative and superior quality productions. Each of our team has a strong history.”
Frank Gibeau, CEO of Zynga, said: “As Zynga, we are excited to join the Take-Two family with our next-generation mobile platform experience and expertise in free-to-play games. In this way, we will reach wider markets and continue to grow and offer quality productions as Zynga.”
Take-Two Interactive is headquartered in New York City. Rockstar Games has multiple studios and subsidiaries, including 2K, Private Division, Ghost Story Games, and T2 Mobile Games. The most popular game franchises within Take-Two include Grand Theft Auto, Red Dead Redemption, NBA 2K, BioShock, Borderlands, and more.
As of 2017, the Zynga studio is a game developer with thirty million monthly active users. Among his most popular games are Zynga Poker, FarmVille, Words with Friends.