Tik-Tu is buying Zynga for $ 12.7 billion. But apparently the biggest purchase in the history of video games is not going to be Take-Two’s last purchase.
None of the huge purchases made in the video game industry to date have been as expensive as Take-Two’s Zynga. But according to the latest game news, Tik-Tu does not want to worry about more purchases in the near future after this $ 12.7 billion purchase.
Strauss ZelnikThe company will continue to explore suitable opportunities for more acquisitions, said Tik-Tu CEO. Tick-To Interactive, which owns Rockstar and 2K, is keen to expand with more acquisitions. Zelnik explained that Tik-To Interactive will end the $ 12.7 billion acquisition of the company with a very good financial balance, and in the fiscal year 2024 (from April 1, 2023 to March 31, 2024) will fully enter the phase of greater profitability. And more.
“Once Zinga’s acquisition is completed, the company’s financial flow will be consistently positive and profitability will increase,” Zelnik said. So we will be in a strong position to buy more. Our approach to shopping does not change either. We are looking for great teams, great teams and profitable deals for the company; “Like this purchase, which is expected to continuously increase our income and profits from the moment of completion.”
Tik-Tu announced that Zynga’s acquisition process will be completed by June 20, 2022 (July 9, 1401). Take-Two Interactive wants to become a giant in the mobile gaming industry and at the same time continue its extensive activity in the world of console and computer games.