Take-Two to acquire mobile gaming giant Zynga for $12.7B
Companies, agencies, institutions, etc
Zynga
Grand Theft Auto
FarmVille
Empires & Puzzles
Take-Two
Take-Two’s
Facebook
Toy Blast
Red Dead Redemption
Midnight Club
NBA
BioShock
Borderlands, Civilization, Mafia
Kerbal Space Program
People
Strauss Zelnick
Frank Gibeau
Bernard Kim
Toon Blast
Groups
No matching tags
Physical locations
SOMA district
Silicon Valley
Places
No matching tags
Locations
Zynga
San Francisco’s
Turkey
Mobile
Events
Peak Games
Summary
As we combine our complementary businesses and operate at a much larger scale, we believe that we will deliver significant value to both sets of stockholders, including $100 million of annual cost synergies within the first two years post-closing and at least $500 million of annual Net Bookings opportunities over time.”“Combining Zynga’s expertise in mobile and next-generation platforms with Take-Two’s best-in-class capabilities and intellectual property will enable us to further advance our mission to connect the world through games while achieving significant growth and synergies together,” added Frank Gibeau, CEO of Zynga.
As said here by Ingrid Lunden