Publisher Take-Two Interactive is finest referred to as the father or mother firm of Grand Theft Auto V developer Rockstar Games, however the firm additionally has a robust presence on cellular. Now, Take-Two is beefing up its cellular gaming enterprise by the acquisition of developer Playdots. This is the studio liable for the favored iOS and Android puzzler Two Dots.
Take-Two’s acquisition deal is value $192 million in money and shares. And the writer claims this crew 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 beneath its new possession.
Here’s an announcement from Take-Two government vp of technique and unbiased publishing Michael Worosz:
Our acquisition of Playdots will diversify and strengthen additional Take-Two’s cellular recreation choices, notably throughout the informal, free-to-play section. Two Dots continues to develop its viewers and beneath the management of Nir, the addition of scavenger hunts, social chief boards and live-ops know-how are enhancing the sport and driving significant, long-term shopper engagement. We are more than happy to welcome Nir and all the crew at Playdots to the Take-Two household and are excited by the potential of their growth pipeline and optimistic, long-term contributions to our enterprise.
Playdots video games Dots, Two Dots, and Dots & Co. are all comparatively profitable hits. They’ve gathered 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, Private Division, Ghost Story Games, and Socialpoint beneath Take-Two’s banner.