Take-Two in talks to acquire Codemasters

gamesindustry.biz has reported that Take-Two are in talks of buying Codemasters.

During a investors call, Codemasters themselves have said they have had discussions with Take-Two for the sale of the company.

“In a separate announcement, Take-Two explained its thinking behind the acquisition, saying, “Take-Two believes that the combination of Take-Two and Codemasters would bring together two world-class interactive entertainment portfolios, with a highly complementary fit between Take-Two’s 2K publishing label and Codemasters in the racing genre.”

“In addition, Take-Two believes that it can bring benefits to Codemasters’ performance by leveraging Take-Two’s global distribution network and 2K’s core operating expertise in publishing, including live operations, analytics, product development, and brand and performance marketing.”

Source: gamesindustry.biz

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