merger and acquisition

Boom! EA Sacks Take-Two in Bid For Biggest Video Game Maker

DaniWeb IT Discussion Community (Featured Entries)  Mon, 02/25/2008 - 13:17

It’s like the 1990’s again, with all of the big name merger and acquisition activity. We’ve read about Microsft and Yahoo in the last few weeks and now comes wind of a proposed $1.0 billion deal between video game titan Electronic Arts and Take-Two Interactive Software.

EA is known for its “Madden” and “Need for Speed” video games, while Take-Two is the developer behind the popular “Grand Theft Auto” video game.

If EA were to pull this deal off, it would surpass Activision as the largest video game publisher in the world.

But it won’t be easy. Activision has already...