Zynga's leaders. CEO Frank Gibeau, Matthew Blom
Zynga's leaders. CEO Frank Gibeau, Matthew Bromberg, Ger Griffin, and Bernard Kim.
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Take-Two buys Zynga for $12.7B enterprise value

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

Take-Two, the maker of Rockstar Games’ Grand Theft Auto games, is buying mobile social game publisher Zynga for an enterprise value of $12.7 billion.

New York-based Take-Two is buying Zynga for $9.861 a share, a 64% premium over Zynga’s closing share price on January 7. Take-Two, whose games include Grand Theft Auto V and Red Dead Redemption 2, will pay $3.50 a share in cash and $6.361 per share in Take-Two common stock.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.