{"id":117243,"date":"2020-11-10T22:46:33","date_gmt":"2020-11-10T22:46:33","guid":{"rendered":"https:\/\/gamerant.com\/take-two-codemasters-acquisition-confirmation\/"},"modified":"2020-11-10T22:46:33","modified_gmt":"2020-11-10T22:46:33","slug":"take-twos-acquisition-of-dirt-5-developer-codemasters-has-been-confirmed","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/11\/10\/take-twos-acquisition-of-dirt-5-developer-codemasters-has-been-confirmed\/","title":{"rendered":"Take-Two’s Acquisition of Dirt 5 Developer Codemasters Has Been Confirmed"},"content":{"rendered":"

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It was discovered a few days back that Take-Two Interactive was in talks to acquire Codemasters<\/a>, hoping to add it to a stable of major publishers that include 2K and Rockstar Games. It looks like those talks have worked out for Take-Two, as it announced today that it has reached an agreement with Codemasters\u2019 executive board to acquire the British\u00a0publisher\/developer for approximately \u00a3759 million ($994 million).<\/p>\n

In a statement sent out to investors, it revealed that the buyout should be completed in the first quarter of 2021. The short turnaround suggests that both companies are on board with the acquisition, and this was backed up by a statement from Take-Two CEO Strauss Zelnick expressing how Codemasters<\/a>\u2019 slate of titles will be \u201chighly complementary\u201d to its own sport portfolio. Similarly, Codemasters chairman Gerhard Florin stated that the company believes it will see long-term success and benefits from \u201cTake-Two’s broad capabilities.\u201d<\/p>\n

RELATED:\u00a0COVID-19 Vaccine News Causes Video Game Company Stock to Drop<\/a><\/strong><\/span><\/p>\n

With the acquisition, Codemasters\u2019 sizeable library of games, which includes major racing franchises like Dirt<\/em>, Grid<\/em>, and F1<\/em>, will be brought under the same umbrella as such IPs as Grand Theft Auto<\/em>, Red Dead Redemption<\/em>, Borderlands<\/em>, NBA 2K<\/em>, and plenty more. It also brings in the other notable racing game studios that Codemasters itself has acquired<\/a> in recent years, which include Evolution Studios (DriveClub<\/em>) and Slightly Mad Studios (Project CARS<\/em>).<\/p>\n

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Take-Two\u2019s acquisition comes right as Codemasters\u2019 first next-gen title, Dirt 5<\/em><\/a>, launches alongside the Xbox Series X. As for future titles, it\u2019s unknown how this will affect the publisher\u2019s output from here on out, but given that Codemasters seems just as enthusiastic about it as Take-Two, it looks like any potential changes that come from the buyout should be for the better.<\/p>\n

MORE:\u00a0Everything You Need to Know Before Buying Dirt 5<\/a><\/span><\/p>\n\n

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After word of discussions broke out last week, Take-Two Interactive confirms that it is acquiring noted racing game publisher\/developer Codemasters.<\/p>\n<\/div>","protected":false},"author":123,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Take-Two's Acquisition of Dirt 5 Developer Codemasters Has Been Confirmed - ITTeacherITFreelance.hk","description":"After word of discussions broke out last week, Take-Two Interactive confirms that it is acquiring noted racing game publisher\/developer Codemasters."},"footnotes":""},"categories":[607],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/117243"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/123"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=117243"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/117243\/revisions"}],"predecessor-version":[{"id":117244,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/117243\/revisions\/117244"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=117243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=117243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=117243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}