Take-Two Interactive, the writer of 2K Video games, 2K Sports activities, and Rockstar Video games titles, is purchasing Codemasters, the oldsters who make Dust, Grid, and F1 racing video games. The $994 million deal is anticipated to head forward within the first quarter of 2021, Take-Two mentioned in a information free up Tuesday.
Strauss Zelnick, chairman and CEO of Take-Two, mentioned that the purchase of Codemasters shall be “extremely complementary” to Take-Two’s sports activities portfolio, which incorporates NBA 2K, NHL 2K, PGA Excursion 2K, and WWE 2K. Zelnick praised the U.Ok.-based writer for its “famend historical past of making a few of our business’s maximum cherished and commercially a hit racing franchises.”
Codemasters itself has grown considerably lately with acquisitions of the previous Evolution Studios crew (MotorStorm, DriveClub) in 2016 and Fairly Mad Studios (Challenge CARS, Speedy & Livid Crossroads) in 2019. Codemasters’ newest recreation, Dust 5, used to be launched on PlayStation 4, Home windows PC, and Xbox One on Nov. 6. The rally racing recreation involves PlayStation Five and Xbox Collection X this week.
It’s been a hectic yr of consolidation for the online game business, with Microsoft obtaining ZeniMax Media and including Bethesda Softworks to Xbox Recreation Studios in September, and Sony finishing its acquisition of Insomniac Video games ultimate November.