Take-Two Interactive to acquire privately-held games developer Playdots

Wednesday 19 August 2020 | 11:35 CET | News
US-based company Take-Two Interactive Software entered into a definitive agreement to acquire US-based mobile games developer Playdots for USD 192 million, comprised of USD 90 million in cash and the balance in newly issued shares of Take-Two common stock The cash portion will be funded from Take-Two's cash on hand. The deal will allow Take-Two, the company behind the Two Dot game, to grow its mobile business in the free games market.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Take-Two Interactive reiterates FY guidance despite introduction delays for improved games

Published 10 Sep 2021 15:23 CET | World
Take-Two Interactive Software has reiterated its outlook for its fiscal full-year 2022, despite the delayed introductions of ...

Take-Two Interactive buys video facial animation specialist Dynamixyz

Published 02 Jul 2021 12:50 CET | World
Take-Two Interactive Software has acquired Dynamixyz, specialist in video-based facial animation services based in ...

Codemasters board recommends GBP 760 million Take-Two takeover offer

Published 11 Nov 2020 10:33 CET | United Kingdom
Take-Two Interactive Software has reached an agreement with the Board of UK games developer and publisher Codemasters for the ...

Peacock to show Premier League games free at launch on 15 July

Published 09 Jul 2020 14:45 CET | United States
Peacock, NBCUniversal's new streaming service set to launch on 15 July, will mark its introduction by presenting NBC Sports' full ...

Samsung offers rewards points for game purchases on Galaxy Store

Published 30 Jun 2020 14:38 CET | United States
Samsung said that Galaxy Store visitors in the US can now earn and redeem Samsung Rewards points for the games they buy from the ...

Cox launches Elite Gamer service

Published 25 Jun 2020 19:04 CET | United States
Cox launched Elite Gamer, a new gaming service included at no additional cost with Panoramic Wifi that enhances the gaming ...

Verizon, Riot Games sign 3-year League of Legends deal

Published 15 Jun 2020 14:15 CET | Canada
Verizon has announced a deal to become official sponsor for Riot Games' League Of Legends North American e-sports league (LCS) ...

US spend on video gaming hits record USD 10.8 bln in Q1 - study

Published 18 May 2020 10:47 CET | United States
Total industry consumer spend on video gaming in the US hit a record USD 10.86 billion in the first quarter, up 9 percent from ...

Verizon sees gaming traffic jump 75%, video grows 12%

Published 18 Mar 2020 09:40 CET | United States
US operator Verizon said it's seen the sharpest increase in gaming traffic over the past week, at 75 percent. During peak hours, ...

Calendar   /   Industry Events

13 Oct SCTE Cable-Tec Expo
18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Iridium Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Arm DevSummit
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items