R Star parent take-Two will acquire Zynga (a foreign social gaming giant) for $9.861 per share, totaling $12.7 billion, and will aggressively enter the mobile gaming space, according to businesswire.
Zynga developed mostly web and mobile games, more well-known, Texas Hold'em, "Family Town", "Happy Farm", etc., was once Facebook's largest customer of revenue. This time, Zynga and Take-two will join forces to make Take-two one of the world's largest mobile game publishers.
Strauss Zelnick, Chairman of Take-Two, said, "We are pleased to announce a deal with Zynga that will greatly diversify our business and establish us as the fastest growing leader in the mobile gaming space in the interactive entertainment industry. "This strategic partnership brings together our best console and PC games with a market-leading, diversified mobile publishing platform."
After all, mobile games make too much money, and Take-Two can't sit still.