Gaming Giant Take-Two Interaction Secures Zynga For $ 12.7 Billion To Explore Web3 Opportunity
US game developer and publisher Take-Two Interactive announced the acquisition of social game developer Zynga for "cash shares," according to Golden Finance. Total revenue was $ 12.7 billion. Cash and Commodities will close on June 30 and are still awaiting approval from shareholders and company executives. On Monday's conference call, Take-Two Interactive CEO Strauss Zelnick said the Zynga acquisition would allow companies to come together to face the "Web3 era." He added, "This combination will solve problems better than a business using it alone." Take-Two Interactive, the parent company of Rockstar Games and 2K Games, is known to have franchise rights for popular games such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, Zynga for FarmVille, and Words With. A friend famous for such games. (decryption)
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