Take-Two Sells Private Division

The Sale of Private Division by Take-Two: What You Need to Know

Take-Two recently made headlines for selling its Private Division label, but the buyer and price remain undisclosed. Take-Two spokesperson Alan Lewis confirmed the sale in an email to The Verge, stating:

Strategic Decision to Sell Private Division

The decision to sell Private Division was a strategic move to shift focus towards growing core and mobile businesses. The buyer acquired rights to all live and unreleased titles under Private Division. Take-Two remains committed to supporting No Rest for the Wicked, which entered Early Access on PC in April. The company expressed gratitude for Private Division’s contributions and confidence in their future success.

Future Plans and Support

Take-Two CEO, Strauss Zelnick, hinted at an upcoming announcement regarding the buyer of Private Division. Zelnick praised Private Division’s support for independent developers but emphasized the company’s focus on achieving blockbuster hits, like the highly-anticipated Grand Theft Auto VI.

Conclusion

The sale of Private Division by Take-Two marks a strategic shift in the company’s focus towards core and mobile businesses. While the buyer remains undisclosed, Take-Two is committed to supporting existing titles and looks forward to future successes in the gaming industry.

FAQs

Q: Who acquired Private Division from Take-Two?

A: The buyer of Private Division has not been revealed yet.

Q: What was the reason behind Take-Two’s decision to sell Private Division?

A: Take-Two made the strategic decision to sell Private Division in order to focus on growing its core and mobile businesses.

Q: Will Take-Two continue to support games under Private Division?

A: Yes, Take-Two will continue to support titles like No Rest for the Wicked, which launched in Early Access on PC.

Credit: www.theverge.com