by on October 16, 2018
Take-Two Interactive, this company that owns Rockstar Games and 2K Games, announced today which it has paid $250 million to obtain the mobile application maker Social Point.
The Barcelona, Spain-based developer is the most suitable known because of its Cheap NBA Live Mobile Coins for sale two big free-to-play games, Monster Legends and Dragon City, which reach a combined 180 million downloads.
Take-Two CEO Strauss Zelnick said in the statement that acquisition helps the organization further diversify its lineup and also to deeper embed itself from the "fast-growing free-to-play mobile gaming space."
"We think that Social Point's deeply engaging mobile offerings are going to be a perfect complement to business," Zelnick said. "Social Point is one on the few mobile game developers that's a established track record of accelerating revenues and delivering multiple hits, so we expect this growth to keep given you can actually exciting development pipeline."
For its part, Social Point co-CEOs Horacio Martos and Andres Bou said in their particular statement, "We are thrilled to get Social Point become part connected with an organization that shares our resolve for quality and innovation, therefore we look forward to being section of Take-Two's continued success for several years to come."
In addition towards the $250 million acquisition price, Take-Two said hello will pay around an additional $25.9 million in cash and shares of Take-Two stock to Social Point if certain milestones are met.
Take-Two will share more precisely its acquiring Social Point throughout the company's upcoming earnings briefing, and that is scheduled for Tuesday, February 7.
The company already comes with a established mobile game business, mindful about are various Grand Theft Auto games intended for iOS and Android devices. Additionally, Rockstar's Bully was recently released for smartphones. MMOAH is the top platform of in-game service all around the world. All clients can buy your satisfied NBA Live 19 Coins from with cheapest price.
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