Is Activision getting ready to buy Take-Two?

Rumours are swirling that Activision is considering buying Rockstar Games and 2K parent company Take-Two Interactive.

A research note from Benchmark analyst Mike Hickey (quoted by Investors.com) refers to “an emerging romance” between the two companies – Activision with its MMO capabilities and “deep connections to Hollywood”, while Take-Two has some of the largest independent IPs in the industry.

Grand Theft Auto Online

Grand Theft Auto could share a parent company with Call of Duty

If this deal does go through, Activision Blizzard finds itself in possession of three of the strongest video game development studios – Blizzard, Bungie and Rockstar Games, not to mention the many studios attached to 2K Games.

It’s not the first time the Grand Theft Auto publisher has been courted, in 2008, EA put up US$2 billion to buy the company, but the Take-Two board of directors rejected the offer, claiming the figure undervalued the company. Take-Two shares increased more than 4% after the sale rumours emerged.

Tags: , , , , , , , , ,

Facebook Google+ Linkedin Pinterest Reddit Stumbleupon Tumblr N4G Twitter