Zynga is now officially owned by GTA publisher Take-Two

Take-Two Interactive, the company that owns

GTA publisher Rockstar Games, announced that they signed a $12.7 billion acquisition deal with Zynga last January. The acquisition was completed after the shareholders of both parties approved the deal recently.

Zynga will officially include Zynga, along with Rockstar Games and 2K Games, with Take-Two’s

new acquisition of Take-Two. In this context, many games, including Words with Friends and Farmville, developed by Zynga, will now be under the umbrella of Take-Two.

Strauss Zelnick, CEO of Take-Two, said in a statement: “We believe that when we combine our outstanding talent, exciting game production lines, and industry-leading technology and talent, we can take our portfolio to another level of creativity, innovation and quality. each has a strong track record of operational practice, and together we hope to improve our financial profile and pave the way for delivering strong shareholder value through greater scale and profitability.” made statements.

Zynga Its CEO, Frank Gibeau, head of publication Bernard Kim, will oversee the company’s integration into Take-Two, but Kim will leave the company after May 31 to serve as the CEO of Match Group.