Take-Two Interactive, the maker of Grand Theft Auto, is buying Zynga, the maker of FarmVille, in a deal valued at about $12.7 billion. The acquisition would wed a powerhouse in console gaming and a mobile gaming company with an almost cult-like following.
FILE - A pedestrian walks in front of a sign at Zynga in San Francisco, Tuesday, March 16, 2021. Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal with an enterprise value of about $12.7 billion. Take-Two said Monday, Jan. 10, 2022, it anticipates $100 million in annual cost savings.
The acquisition announced Monday would wed a powerhouse in console gaming, Take-Two, with a mobile gaming company with an almost cult-like following.
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