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Take-Two Interactive announces acquisition of Gearbox to strengthen creative talent and expand intellectual property portfolio

PUBLIC · TTWOMar 28, 2024

Acquiring Company

TAKE TWO INTERACTIVE SOFTWARE INC

Acquired Company

The Gearbox Entertainment Company

New YorkFriscoGamingVideo GamesPublishingGamingVideo Games

Description

Take-Two Interactive has announced the acquisition of Gearbox, the developer behind the popular Borderlands franchise. The acquisition aims to strengthen Take-Two’s creative talent and expand its portfolio of owned intellectual property. With this move, Take-Two is positioned to continue delivering exciting and innovative gaming experiences to their audience.

Quick answer

TAKE TWO INTERACTIVE SOFTWARE INC is acquiring The Gearbox Entertainment Company, announced March 28, 2024. TAKE TWO INTERACTIVE SOFTWARE INC is based in New York, New York, United States.

How much did TAKE TWO INTERACTIVE SOFTWARE INC pay for The Gearbox Entertainment Company?
The deal value was not disclosed.
What does TAKE TWO INTERACTIVE SOFTWARE INC do?
Take-Two Interactive Software, Inc. is one of the largest interactive entertainment companies in the world, with a portfolio of owned intellectual property.
Where are TAKE TWO INTERACTIVE SOFTWARE INC and The Gearbox Entertainment Company based?
TAKE TWO INTERACTIVE SOFTWARE INC is based in New York, New York, United States. The Gearbox Entertainment Company is based in Frisco, California, United States.

Source: Fundz verified event record.

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Company Information

Company

TAKE TWO INTERACTIVE SOFTWARE INC

Location

110 WEST 44TH STREET

New York, New York, United States

About

Take-Two Interactive Software, Inc. is one of the largest interactive entertainment companies in the world, with a portfolio of owned intellectual property. It is publicly traded on NASDAQ under the symbol TTWO and is known for industry-defining entertainment experiences.

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Frequently asked

Who acquired The Gearbox Entertainment Company?

The Gearbox Entertainment Company was acquired by TAKE TWO INTERACTIVE SOFTWARE INC, based in New York. The deal was reported on March 28, 2024. Take-Two Interactive Software, Inc. is one of the largest interactive entertainment companies in the world, with a portfolio of owned intellectual property. TAKE TWO INTERACTIVE SOFTWARE INC is publicly traded (TTWO) and operates in Gaming.

When did TAKE TWO INTERACTIVE SOFTWARE INC acquire The Gearbox Entertainment Company?

TAKE TWO INTERACTIVE SOFTWARE INC's acquisition of The Gearbox Entertainment Company was reported on March 28, 2024. Take-Two Interactive has announced the acquisition of Gearbox, the developer behind the popular Borderlands franchise. The acquisition aims to strengthen Take-Two’s creative talent and expand its portfolio of owned intellectual property. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Gearbox Entertainment Company do?

The Gearbox Entertainment Company, LLC is an award-winning creator and distributor of transmedia entertainment for people around the world. It is privately held, operating in Gaming, and is based in Frisco.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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