Ubisoft interested in taking over Take Two?

TAKE 2According to the respected business magazine, Forbes, Ubisoft might be in the right position to acquire Take Two after the whole fiasco with EA’s attempt and failure at a hostile takevoer of the game publisher.

Forbes reports that "there’s a lot at Take Two that could dovetail with Ubisoft’s interests." be that GTA or the ever growingly popular Bioshock.

"Ubisoft has shown they do a good job of managing original intellectual property," says Doug Creutz, analyst at San Francisco firm Cowen and Co. "Culturally, Take Two developers would not have a problem at Ubisoft because they allow a decent degree of creative freedom."

Ubisoft has spoken out on trying to expand into the sports genre, something that they have been lacking. Also the chairman of Take Two, Strauss Zelnick, admits that the company is looking at other prospective companies ever since their little disagreement with EA.

The article admits that "money could be a problem" in terms of a full acquisition, with Ubisoft "only having about $235.8 million on hand" – but says it’s "possible the two could merge."

[via MCV]


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Author: GamerNode Staff View all posts by

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