Take-Two Interactive buys Zynga for $11.04 billion - Breaking The News

Take-Two Interactive buys Zynga for $11.04 billion

10 January

1 min read

EPA/JUSTIN LANE

The maker of the iconic video game "Grand Theft Auto," Take-Two Interactive, announced on Monday it has reached an agreement to buy social game developer Zynga Inc. for $11.04 billion. Including debt, the deal is valued at as much as $12.7 billion.

"This strategic combination brings together our best-in-class console and PC franchises, with a market-leading, diversified mobile publishing platform that has a rich history of innovation and creativity," Take-Two CEO Strauss Zelnick noted.

mergers and acquisitions zynga take-two interactive

Related Stocks

Zynga ZYNGA ORD S...

TakeTwo Interacti...

Fed approves Capital One's $35.3B merger

2 hours ago

The Federal Reserve Board announced on Friday that it approved Capital One Financial Corporation's application to merge with American financial services company Discover Financial Services in an "all-stock transaction" valued at $35.3 billion, indirectly acquiring Discover Bank, as well."The Board evaluated the application under the statutory factors it is required to consider, including the financial and managerial resources of the companies, the convenience and...

OpenAi allegedly in talks to buy AI startup Windsurf for $3B

16 April

OpenAI Inc. is currently in talks to acquire the AI coding assistant for developers Windsurf, formerly known as Codeium, for nearly $3 billion, a source briefed on the talks told CNBC on Wednesday. If the transaction with Windsurf goes through, this would be OpenAI's largest acquisition in an attempt to stay at the forefront of the generative AI race, competing with key rivals such as Anthropic, Elon Musk's xAI and Google.Earlier in the day, OpenAI launched its latest AI...

Elliot allegedly takes $1.2 billion stake in HPE

15 April

Elliott Management is taking a stake worth more than $1.15 billion in Hewlett Packard Enterprise, CNBC reported Tuesday, citing people familiar with the matter.According to the report, the investment firm plans to engage with HPE leadership to explore strategies for enhancing shareholder value. Elliott Management has not yet detailed its proposals but is reportedly seeking constructive discussions with the company.Hewlett Packard Enterprise Company's...

Intel to sell 51% stake in Altera to Silver Lake

14 April

Intel Corp. announced on Monday that it is selling 51% of its Altera Corp. business to Silver Lake Technology Management L.L.C. The deal values Altera at $8.75 billion and establishes its operational independence, according to the statement. The transaction is expected to close in the second half of 2025.Altera will also see a change in leadership, with CEO Sandra Rivera being replaced by Raghib Hussain on May 5. "Backed by Silver Lake’s strong track record and...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.