'Grand Theft Auto' maker Take-Two plots its next move in a consolidating gaming industry
Briefly

'Grand Theft Auto' maker Take-Two plots its next move in a consolidating gaming industry
""I think for the next couple of years, our story will be one of organic growth, but then if we do things right, we'd be in a position to [do] something inorganic as well.""
""We have our eye on a couple opportunities, but . . . they may not be around at that time. And there are no guarantees. But I think there still would be some opportunity, no matter what.""
""There are a couple-I'm not going to name names-but there are a couple in the mobile space we're very impressed with. Less so on the console side.""
""Part of the reason for any acquisition delay may simply be that Take-Two will be fully occupied over the next year or two with the launch of Grand Theft Auto VI.""
The video game industry is experiencing significant consolidation, with major companies like Ubisoft and Electronic Arts making large deals. Take-Two Interactive remains independent while digesting its acquisition of Zynga. CEO Strauss Zelnick indicates a focus on organic growth for the next couple of years, with potential future acquisitions in mind, particularly in mobile gaming. The upcoming launch of Grand Theft Auto VI may also delay any acquisition plans, as it is a major focus for the company.
Read at Fast Company
Unable to calculate read time
[
|
]