Take-Two has completed its impressive $12.7 billion purchase of Zynga, the company''s mobile and social games, which has been behind many of the hit companies, including Farmville, CSR Racing, and Words with Friends.
The agreement was first announced back in January, when it was briefly the most costly video games acquisition of all time - until Microsoft''s proposed $68.7 billion purchase of Activision Blizzard.
Take-Two is the parent company behind some of the world''s most prominent names in video gaming, including Borderlands and Grand Theft Auto, Red Dead Redemption, BioShock, and Mafia.
Take-Two promised that Zynga might be able to make mobile games based on its exisiting IP. It''s fun to envision a Farmville from Red Dead Redemption ranch or a GTA/CSR crossover where you nick one other''s motors.
Take-Two will have the ability to develop mobile capabilities, according to the agreement. Why isn''t there a native GTA Online game for mobile? Perhaps with Zynga, Take-Two will have the mobile skill to do everything.
"Combining Zynga''s experience in mobile and next-generation platforms with Take-Two''s finest-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," said Zynga''s head in January.
"We are thrilled to conclude our collaboration with Zynga," take-Two CEO Prauss Zelnick said this week. "As we combine our exceptional talent, exciting pipelines of games, and industry-leading technologies and capabilities, we believe that we can expand our portfolio to another level of creativity, innovation, and quality."