Take-Two Interactive (TTWO) confirms it has sold Private Division
Take-Two Interactive leadership confirmed on its Q2 2025 conference call that Private Division has been sold to an undisclosed buyer.
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Take-Two Interactive leadership confirmed on its Q2 2025 conference call that Private Division has been sold to an undisclosed buyer.
The company cited GTA and Borderlands as major revenue drivers.
Here's how you can tune into Take-Two Interactive's Q4 2024 earnings call.
Intercept Games and Roll7 previously developed Kerbal Space Program 2 and Rollerdrome, respectively.
The downsize is estimated to cost $160 to $200 million and is expected to achieve an annual cost saving of over $165 million.
The parent company of the Grand Theft Auto series developer is set to acquire the developer of the Borderlands franchise.
The 2018 sequel continues to solidify its position as Rockstar's second best-selling game ever.
It was a decent quarter for Take-Two Interactive, with the company coming out ahead of most analyst expectations.
Take-Two Interactive's forecast for the full fiscal year is well below analyst expectations.
Here's how to listen to the Take-Two Interactive earnings call for its third quarter of 2024.