Like most different giant gaming corporations, Take-Two has been part of a current flurry of acquisition exercise industry-wide. Its deliberate acquisition of Zynga is about to shut by the top of the month, and its Personal Division label snapped up Roll7 late final 12 months. However what about Take-Two itself? Is it potential that it, like fellow main writer Activision-Blizzard, is likely to be acquired by a much bigger gaming company?
For now, that appears unlikely, primarily based on feedback made by CEO Strauss Zelnick in an interview forward of immediately’s full 12 months and quarterly earnings name.
“We’re a public firm, and we’re right here for the shareholders,” he informed IGN. “That stated, our monitor file of making worth as an unbiased entireprise is fairly terrific, particularly if you happen to exclude the final three months. We predict there’s loads of nice occasions forward, and we like being an unbiased group. However we’re right here for the shareholders.”
Zelnick additionally supplied some context for the writer’s current acquisitions of Zynga and Roll7. He acknowledged the fact of {industry} consolidation, particularly over the past six months. However he added that the rise in general indistry acquisitions wasn’t going to vary something for Take-Two, whose progress he says has “at all times been largely natural” however “populated with some selective acquisitions alongside the best way.”
“We’re searching for inventive offers that convey us nice mental property and nice groups, and we’ll proceed to try this sooner or later,” he stated. “Undoubtedly the Zynga transaction is exceedingly vital for this firm and we’ve got a variety of work to do collectively to ensure we ship on the worth, and the main target will likely be largely natural rising ahead. However that won’t forestall us from persevering with to make acquisitions which can be selective and disciplined for Personal Division and the remainder of the enterprise, together with the cell a part of the enterprise.”
Zelnick additionally spoke to us on a number of different matters, together with the probability of Take-Two choosing up the FIFA license after EA and FIFA parted methods, and the currrent fan frustration with the state of Crimson Lifeless On-line.
Wanting forward, Take-Two is planning 18 new releases within the coming fiscal 12 months, together with core titles The Quarry, Marvel’s Midnight Suns, NBA 2K23, WWE 2K23, PGA Tour 2K23, and Kerbal Area Program 2. There are additionally eight cell video games coming, a brand new sports activities title from 2K (probably its NFL arcade recreation), a brand new franchise from Personal Division, Tales from the Borderlands 2, and “one new iteration of a previously-released title accessible for buy”.
Rebekah Valentine is a information reporter for IGN. You’ll find her on Twitter @duckvalentine.
