Take-Two says Dirt firm will be "highly complementary to our sports portfolio"
Codemasters has reached a formal agreement with Take-Two on the terms of its sale, in a cash and shares offer which values the UK-based racing game firm at around £750m ($980m).
In a statement published on Tuesday, Take-Two CEO Strauss Zelnick said he believed that Codemasters’ racing games line-up would fit well within its own roster of sports games.
“With a leading position in sports gaming, the Board of Codemasters firmly believes the Company will benefit from Take-Two’s broad capabilities which will help propel the long term success of Codemasters,” he said.
Another British tech company sold to an american company.