Back in January of this year, video game developer Take-Two announced it was acquiring Zynga for $12.7 billion. Take-Two today announced the closing of a deal that could result in a new GTA game for smartphones, according to a source.
This is the largest acquisition in gaming history to date. Yes, Microsoft’s purchase of Activision Blizzard for nearly $69 billion significantly outperforms this deal, but the closing of the deal between Microsoft and Activision Blizzard is not expected until next year.
According to Take-Two CEO Strauss Zelnick, Zynga’s expertise can help it advance its free-to-play and cross-platform gaming ambitions and bring its universes from consoles and PC to mobile devices. Take-Two belongs to the Grand Theft Auto, Red Dead, Max Payne, Civilization, Mafia, BioShock, XCOM and other series.
Zynga CEO Frank Gibaud added, “We’re excited to take this one step further by combining Zynga’s free-to-play experience and next-generation mobile platform experience with best-in-class features and renowned Take-Two intellectual property.”
The main game that Take-Two is waiting to announce is GTA VI, but it is unlikely to be released anytime soon.