Take-Two Buys Zynga, The Authors Of Farmville, For Over 12 Billion Dollars

Take-Two Interactive announced the acquisition of Zynga for a total of $12.7 billion, cash payment and company shares. Zynga is a very popular company for its mobile games, browsers and social gaming, including the FarmVille phenomenon.

The acquisition of Zynga will allow Take-Two to produce new content for smartphones and browsers, this is an important addition to the list of Take-Two’s studies in particular regarding the specific market segment of casual games. The acquisition should be completed by the first quarter of the tax year 2023, i.e. by 30 June 2022.

Strauss Zelnick, Chairman of Take-Two, said he was very pleased with this acquisition and said the same the CEO of Zynga Frank Gibeau (former Electronic Arts) who praised the company’s work in the last two years

Zynga was founded in 2007 by Mark Pincus, immediately the company specializes in games for MySpace and Facebook, among the most popular games we mention not only FarmVille but also CastleVille, Cafe World, D

After the boom of social networking games the company has been hugely successful on smartphones and tablets and FarmVille is one of the most popular and loved mobile games ever.

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