Analyst predicts Take-Two acquisition coming soon

Posted Dec 20, 2007 at 11:39PM by QJ Staff Listed in: PS3, Wii, PSP, Xbox 360 Tags: BioWare, Electronic Arts, Max Payne, Microsoft, Take-Two Interactive

Analyst Mike Hickey from Janco Partners predicts that Take-Two Interactive will "eventually be acquired" if the offered price is right, despite previous downplays of such speculations by Strauss Zelnick, Chairman of Take-Two. If earlier rumors told of a Microsoft acquisition, this one's more of a "up for grabs" deal.

However, Hickey's prior expectations drew Electronic Arts into the mix. The superstar publisher was noted for its acquisition of both Pandemic and BioWare for a hefty sum of US$ 855 million, and Hickey anticipates that EA may find Take-Two's current intellectual property lineup worthy of exploration. These IPs are, but not limited to:

Grand Theft Auto
BioShock
Midnight Club
Civilization
Bully
Red Dead Revolver
Manhunt
Carnival Games
Max Payne

In fact, the analyst anticipates that the idea of turning Grand Theft Auto into a fully-fledged massively multiplayer online game, offering any takers a means to increase growth. Hickey also estimates that the company's entire worth could be "well over" US$ 1 billion and that includes an approximated average sales turnout of more than US$ 400 million.

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Comments

by nllx - 2007-12-21 00:48:48

.

Don't fret, fanboys. It won't happen.

by King Victor V - 2007-12-21 01:24:09

SEGA

nllx remember that was what they said about sega going 3rd party

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