Page 216 - Take Two Interactive News Today

Video game industry giants like Sony, Microsoft, and Take Two Interactive spent over $85 billion in acquisitions in the month of January 2022.

The year started with the announcement of three major acquisitions, building on a spendy 2021. In just one month alone, Take-Two bought Zynga, Microsoft bought Activision Blizzard, and Sony bought Bungie. And there’s a lot more ahead as the "metaverse" concept heats up.

The deal follows two other major acquisitions in the game market by Microsoft and Take-Two Interactive.

Sony is a regular acquirer of video game studios, though Bungie is by far its largest of the past decade.

Sony’s PlayStation announces the induction of Bungie into its ever-growing lineup of internal studios.

Bungie developed Destiny and Halo while sale comes after Microsoft’s $69bn acquisition of Activision Blizzard

These 2 ASX growth shares are compelling opportunities in February 2022, including luxury online retailer Cettire Ltd (ASX:CTT).

It comes after Microsoft revealed plans to buy Activision Blizzard in the largest ever gaming deal.

Here’s why recent game stock mergers and metaverse investments could come to Canada soon. 

Sony is a regular acquirer of video game studios and Bungie is by far its largest of the past decade.