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Take-Two is the company behind publishers Rockstar and 2K Games, responsible for everything from Grand Theft Auto to Borderlands to the 2K sports series. Codemasters is the developer and publisher behind many popular racing games, including the Dirt and F1 series. Now, it appears that the two companies are planning to merge.
Take-Two confirms that it has “made a proposal” to acquire Codemasters, in a press release setting out the terms of the potential deal. This is just a proposal for now, pending legal requirements, and a response from the Codemasters board. The next step would be to announce a “firm intention to make an offer”, which the Codemasters board is expected to “unanimously recommend” to shareholders.
In other words, Take-Two wants to buy Codemasters, and while the deal is still in its preliminary stages and could fall apart, all parties involved hope it will happen. “Take-Two believes that the combination of Take-Two and Codemasters would unite two world-class interactive entertainment portfolios,” says the company, “with a highly complementary fit between Take-Two’s 2K publishing label and Codemasters in the genre of careers. “
Codemasters recently published the latest entry in the Dirt series to a solid critical response. (You can read our Dirt 5 review for more information.)
Take-Two is one of the largest third-party game publishers in the world, alongside names like Activision Blizzard, Electronic Arts, and Ubisoft.
