Take 2 Interactive

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Take-Two Interactive Software, Inc.

logo
legal form Corporation
ISIN US8740541094
founding 1993
Seat New York City , United States
management Strauss Zelnick, Chairman and CEO
Number of employees 4,492
sales 1,793,000,000 USD
Branch Computer games
Website www.take2games.com
As of March 31, 2018

Take 2 Interactive (also and especially in English-speaking countries Take-Two Interactive ) is a developer , publisher and distributor of computer games founded in 1993 with headquarters in New York , USA . There are offices in the United Kingdom , Germany , Austria , France , Italy , the Benelux countries, Canada and Australia . The Munich branch is responsible for business in Germany .

Take 2 development studios are located in San Diego , Vancouver , Toronto and Novato , among others .

Most Take-2 games are sold through subsidiaries Rockstar Games and 2K Games . The games include successful series such as Red Dead Redemption , Grand Theft Auto , BioShock and Borderlands .

Take 2 is a public company and is traded on NASDAQ under the symbol TTWO . Strauss Zelnick has been CEO since the end of March 2007 and CEO since January 2011. Heinz Henn has been working for Take-Two Interactive since 2003 .

history

1993 to 2004

Take 2 was founded in New York in 1993 by Ryan Brant, the son of Peter Brant . In March 1998, Take 2 acquired the BMG Interactive division of Bertelsmann AG for 14.2 million US dollars. At the end of 1998, BMG Interactive was renamed Rockstar Games . In the same year, Take 2 took over the video game distributor Jack of All Games , which was founded in 1990 by David Rosenbaum. As early as 1999, the developer association Gathering of Developers published games via Take 2, in May 2000 Take 2 took over Gathering of Developers completely. In the following months, Take 2 shortened the name to Gathering and released various games of the merger such as Max Payne and Tropico . Gathering also served as a brand for other publications in the future. In the same year, the American development studio PopTop Software was also acquired by Take 2.

At the end of 2002, the publisher Global Star Software became part of Jack of All Games and thus of Take 2. From mid-2003, Global Star Software's business was fully integrated into Take 2 itself and managed from its New York headquarters.

In September 2004, Gathering was fully integrated into Global Star Software and given up as a separate brand. Two months later, in November 2004, Take 2 paid Atari SA $ 22.3 million to obtain the rights to the Civilization series. At the same time, Take 2 announced a long-term partnership with Civilization developer Firaxis and its influential game designer Sid Meier . In addition, Take 2 secured Sega's sports division at the same time . Take 2 took over Visual Concepts including all trademarks and rights such as the ESPN license for around 24 million US dollars . With the purchase, Take 2 also founded the 2K Sports label , through which all of the company's sports games should be published in the future.

2005 until today

Further acquisitions of companies followed in 2005. These included the development studios Kush Games , Irrational Games and Firaxis and also the Gaia Capital Group . Overall, Take 2 spent $ 80 million on acquisitions within a year.

Also in 2005, Take 2 founded the label 2K Games , in which all games that did not fit the 2K Sports label should be published in the future. Thus the games planned for Global Star Software no longer appeared above, but via 2K Games. In 2007, Global Star Software was renamed 2K Play to market casual games.

As part of internal restructuring and the increased focus on video games sold Take 2 in September 2007 with Joytech a manufacturer for consoles - peripherals such as gamepads and steering wheels on Mad Catz .

In February 2008, it was announced that competing company Electronic Arts had offered Take 2's board of directors $ 25 per share to acquire the company. Electronic Arts later raised the offering to $ 26 per share. The bid was 63 percent above the price of the share on the stock exchange. A few weeks earlier, rumors of a possible takeover had been circulating on the Internet. In May 2008 it was announced that Take 2 and Electronic Arts could not agree and the talks were discontinued.

From September 2008, Take 2 outsourced the distribution of its games to Ditan Distribution and finally sold the in-house distributor Jack of All Games to Synnex in December 2009 for 43.25 million US dollars .

In January 2013, Take 2 secured the rights to the WWE game series from the insolvent THQ . In March 2013, Take 2 announced that in addition to the previously announced titles Grand Theft Auto V and Agent, other titles could be expected in the near future. In 2016, the stock climbed to 38 euros each and brought Take-Two Interactive $ 268 million in profit, although there were no publications in the first quarter and the game Battleborn fell far short of expectations.

Games (selection)

Web links

Individual evidence

  1. ↑ a b Take-Two Interactive 2018 Form 10-K Report , accessed August 11, 2018
  2. ↑ Red Dead Redemption 2: Sales figures exceed Take-Two's expectations. February 6, 2019, accessed May 14, 2019 .
  3. ↑ RockstarBase: The history of Rockstar Games . May 12, 2013.
  4. ↑ Golem.de: Take 2 buys Gathering of Developers (GOD) . May 12, 2013.
  5. ↑ Golem.de: Take 2 Interactive takes over US developer PopTop Software . May 12, 2013.
  6. ↑ MobyGames: Globalstar Inc. Softwar . May 12, 2013.
  7. ↑ PC Games: Take 2 acquires civilization rights . May 12, 2013.
  8. ↑ Gamezone: Take 2 buys SEGA developer studio . May 12, 2013.
  9. ↑ GameSpot: Take-Two reveals acquisition prices, hints at future lawsuits . May 12, 2013.
  10. ↑ MobyGames: Take-Two Interactive Software, Inc. . May 12, 2013.
  11. ↑ Golem.de: Take 2 sells Joytech to Mad Catz . May 11th, 2013.
  12. ↑ ZDNet.de: EA Games is planning a hostile takeover of Take-Two . May 12, 2013.
  13. ↑ Golem.de: Is Activision Blizzard planning the purchase of Take 2? . May 12, 2013.
  14. ^ Süddeutsche.de: Takeover failed . May 12, 2013.
  15. ^ MobyGames: Jack of All Games . May 11th, 2013.
  16. ↑ Gamespot: Take-Two has 'extensive pipeline' of unannounced titles in development ( Memento of the original from March 9, 2013 in the Internet Archive ) Info: The @1@ 2Template: Webachiv / IABot / au.gamespot.com archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. . May 11th, 2013.
  17. ↑ Take-Two: Business figures, future forecasts and an interview with the CEO. August 11, 2016. Retrieved August 11, 2016 .