Take-Two acquires Farmville developer Zynga for a staggering $12.7 billion

take-two zynga acquires feature logos

Today it was announced that Take-Two has acquired Farmville developer Zynga. The deal is thought to be in the region of $12.7 billion. This deal is a combined cash and stock deal, meaning not all of that valuation is cash alone. Furthermore, Zynga now has 45 days to seek a better deal during which the acquisition could still fall through.

Zynga specializes in mobile development and that seems to be a key focus point for both companies. In its statement, Take-Two says that this acquisition opens up a “clear path,” to move console and PC games to mobile. Given this, it looks as though Take-Two will primarily use the Farmville developer as a mobile porting studio.

Mutually beneficial

take-two zynga acquires business plan

It’s not just Take-Two that will benefit from Zynga being acquired. Zynga’s CEO Frank Gibeau believes this deal will allow his company to “further advance our mission to connect the world through games while achieving significant growth.”

That may just be typical PR talk but Gibeau does have a point. Take-Two’s reach is huge with it owning several of the most successful video game franchises ever made. Its impressive catalog includes the likes of Grand Theft Auto, Red Dead Redemption, and Borderlands.

Equally, Take-Two believes that it can provide a bridge for Zynga to fulfill its “cross-play ambitions.” That means expanding the developer’s reach to more than just mobile gamers. We may see Zynga begin to develop its first console and PC games sometime in the future.

There’s no doubt that Take-Two is confident in the deal as the $9.861 spent per share is steep. Those rates represent a 64% premium on Zynga’s share price from last week. It’s not unusual for big companies to overpay to secure long-term gains but 64% is significant. At the very least, Zynga knows that it is being valued highly and big expectations are to come.

Would We See A Mafia III Announcement Soon ?

Mafia III

Mafia III

Take-Two registered 4 domains with the name Mafia III in all 4 of them. Mafia II was a decent game when it released back in 2002 but had a lot of repetitive missions and even the not-repetitive missions were boring. Now after more than 13 years after Mafia II, it is highly likely this hints a near announcement for Mafia III.

The domains were “mafia3thegame.com,” “mafiaiiithegame.com,” “mafiathree.com,” and “mafiathreethegame.com.”.  The post was made by a NeoGAF user Ekim that showed a pic of DailyChanges‘ report on Take-Two’s activity and that they were all registered last week on June 25.

For now, this isn’t solid evidence that we will see the video game or an announcement anytime soon so hold your horses and keep your hopes low since these kind of things happen all the time and some of them never even get announced.

Tell us if you are and amateur of this video game and if you are excited about a new Mafia installment in the comments section below.