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Take-Two CEO Says $11 Billion Deal for Zynga Makes Sense

Take-Two Interactive Software Inc. said it will buy mobile game maker Zynga Inc. in a deal valued at $11 billion, a costly purchase intended to help the publisher of Grand Theft Auto break into the fast-growing market for smartphone games. Take-Two CEO Strauss Zelnick is on “Bloomberg Markets: The Close.”

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Take-Two Interactive Software Inc. said it will buy mobile game maker Zynga Inc. in a deal valued at $11 billion, a costly purchase intended to help the publisher of Grand Theft Auto break into the fast-growing market for smartphone games. Take-Two CEO Strauss Zelnick is on “Bloomberg Markets: The Close.”

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2 Comments

2 Comments

  1. Super Batman 1993

    January 10, 2022 at 10:39 pm

    I call BOLSHEVIKKKS!!😂

  2. Tobias Wieser

    January 10, 2022 at 11:33 pm

    I don’t know about this deal. It’s seems expensive to me.

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Bloomberg Technology

Big Tech in Wait-and-See Mode | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market cool-off as investors digest the direction of Fed cuts and Donald Trump’s next moves. And, EV’s take a hit as reports emerge that the $7,500 EV tax incentive will be cut under the new Trump administration. Plus, how one company is growing customers with their plant-based…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market cool-off as investors digest the direction of Fed cuts and Donald Trump’s next moves. And, EV’s take a hit as reports emerge that the $7,500 EV tax incentive will be cut under the new Trump administration. Plus, how one company is growing customers with their plant-based protein.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Harvesting Plant-Based Proteins

Plantible co-founder Tony Martens Fekini discusses the company’s latest $30 million funding round and expansion as demand for sustainable meat-alternatives rises. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Plantible co-founder Tony Martens Fekini discusses the company’s latest $30 million funding round and expansion as demand for sustainable meat-alternatives rises. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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US, China’s AI Codependency

Alfred Chuang of Race Capital discusses the potential impact of tariffs and trade wars on the tech industry under the new Trump administration. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Alfred Chuang of Race Capital discusses the potential impact of tariffs and trade wars on the tech industry under the new Trump administration. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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