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Tik-Tu buys Zinga Mobile gaming company for $ 12.7 billion

BingMag.com <b>Tik-Tu</b> <b>buys</b> <b>Zinga</b> <b>Mobile</b> <b>gaming</b> <b>company</b> for $ <b>12.7</b> billion

Take-Two has officially announced the acquisition of gaming company Zynga for a staggering $ 12.7 billion. Is; The deal that is by far the largest purchase in the history of the gaming industry. Zinga's joining Tik-Tu, one of the biggest gaming industry giants, which is clearly active in the field of Mobile games, will undoubtedly bring great results and effects to the gaming industry.

Tik-To You are currently one of the largest and most lucrative companies in the gaming industry, and their large subsidiaries such as 2K Games and Rockstar Games and Gearbox are sending huge numbers to the company's pockets. A series of games such as Jetty and Red Dead Redemption and a large sports collection of prophets belong to Tik-To Company, and this series of games is at the top of the list of the most lucrative and largest games in the world right now.

Zinga joins Tik-To They can even shift the weight of competition between gaming companies much more than ever before. Tik-To has issued a statement stating that as a result of this move, they will be recognized as one of the largest and most important Mobile game companies in the world. Xinga's Mobile games have more than 183 million monthly active users.

BingMag.com <b>Tik-Tu</b> <b>buys</b> <b>Zinga</b> <b>Mobile</b> <b>gaming</b> <b>company</b> for $ <b>12.7</b> billion

You are so big that we should consider it more a merger of Tik-Tu and Zinga, rather than Xinga becoming a subset of Tik-Tu. As a result of this big acquisition, the current CEO of Tik-Tu, Strauss Zelnik, will take over the new position of CEO of Zinga, and the current Tik-Tu board will take over control of the two companies simultaneously./p>

After the completion of the Zinga acquisition process by Tik-To, the current Tik-To Mobile games, which are made and released under the auspices of a company called T2 Mobile, will be fully transferred to Zinga. Zinga will take full control of Tik-To Mobile games, but the T2 Mobile brand will not be lost either. Tick-To gaming company currently owns various Mobile games such as Dragon City, Monster Legends, Top Elon.

BingMag.com <b>Tik-Tu</b> <b>buys</b> <b>Zinga</b> <b>Mobile</b> <b>gaming</b> <b>company</b> for $ <b>12.7</b> billion

Tic-Tac-Toe expects to increase its Mobile gaming business revenue by at least 50% in fiscal 2023 as a result of this acquisition. The figure for the 2022 fiscal year was set at around 12 percent for Tik-Tu. We announce our shock with Zinga. This agreement will bring a great deal of diversity to our business and place us in the highest position among other companies in the field of Mobile gaming; The sector that is growing the fastest in the gaming industry. "

BingMag.com <b>Tik-Tu</b> <b>buys</b> <b>Zinga</b> <b>Mobile</b> <b>gaming</b> <b>company</b> for $ <b>12.7</b> billion

"This great strategic integration puts our large and powerful console and computer suites alongside a very large platform for Mobile gaming with a long history of creativity and innovation." Zinga also has very talented gaming teams that we are happy to add to the Tick-To family.

Zinga's current CEO, Frank Gibo, added: "The integration of Zinga's expertise into new Mobile games and platforms with high tick-tech capabilities and large portfolios gives us the opportunity to "Let's have a lot of growth together." You're done. In fact, wait for Mobile Jets and Mobile Prophets and Mobile Borderlands. Zinga itself owns dozens of different Mobile gaming studios in different countries, and it is to be expected that these studios, as subsidiaries of Tik-Tu, will henceforth play a much larger role in the production of Mobile games from Tik-Tu collections./p>

BingMag.com <b>Tik-Tu</b> <b>buys</b> <b>Zinga</b> <b>Mobile</b> <b>gaming</b> <b>company</b> for $ <b>12.7</b> billion

The deal between Tik-Tu and Zinga is the largest deal in the history of the gaming industry. Previously, the biggest deals were Tensent's $ 6.8 billion purchase of Supercell (Clash of Clans) and Bethesda (Fallout and Alder Scrolls)'s $ 1.8 billion, respectively.

Source: CNBC

Tags: tik-tu, buys, zinga, mobile, gaming, company, 12.7, billion

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