Take-Two plans to accumulate cell developer Playdots

Publisher Take-Two Interactive is greatest often known as the dad or mum firm of Grand Theft Auto V developer Rockstar Games, however the firm additionally has a powerful presence on cell. Now, Take-Two is beefing up its mobile-gaming enterprise via the acquisition of developer Playdots. That is the studio accountable for the popular iOS and Android puzzler Two Dots.

Take-Two’s acquisition deal is price $192 million in money and shares. And the writer claims this workforce will assist give it extra publicity to the “casual, free-to-play games” market.

Playdots chief government Nir Efrat will proceed to supervise the studio below its new possession.

Right here’s an announcement from Take-Two government vp of technique and unbiased publishing Michael Worosz:

“Our acquisition of Playdots will diversify and strengthen further Take-Two’s mobile game offerings, particularly within the casual, free-to-play segment. Two Dots continues to grow its audience and under the leadership of Nir, the addition of scavenger hunts, social leader boards and live-ops technology are enhancing the game and driving meaningful, long-term consumer engagement.  We are very pleased to welcome Nir and the entire team at Playdots to the Take-Two family and are excited by the potential of their development pipeline and positive, long-term contributions to our business.”

Playdots video games Dots, Two Dots, and Dots & Co. are all comparatively profitable hits. They’ve collected greater than 100 million downloads in complete and proceed to develop. And that’s precisely what makes the developer so interesting to Take-Two.

Free-to-play informal video games have the potential to final for years. This allows them to earn an enormous return on a small upfront funding. That income can also be extra simply predictable than a premium console-game product.

Playdots joins Rockstar, 2K, Non-public Division, Ghost Story Video games, and Socialpoint below Take-Two’s banner.

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