Take-Two, the developer of the Grand Theft Auto franchise, is one of the companies to strike a recent multi-billion dollar deal
(Picture: Take-Two/Rockstar Games)When deal making in the games industry stretches from word puzzles to first-person shooters to Rancid the racoon’s attempt to steal “cropsies” on farms, you don’t need a bonus level to realise gaming has graduated well beyond its stereotypical teenage fanbase.
Gaming M&A is red-hot. The acquisition of Wordle for “low seven figures” by the New York Times was just the latest in a sting of deals: more than £63 billion-worth of takeovers have been announced in just the first two months of 2022 — already equalling last year’s total, itself a record high.
