Rumors Of Sony Expanding Gaming Empire With Take-Two Interactive Acquisition Bubble Up

Sony Group Corp SONY is rumored to be considering a major acquisition of Take-Two Interactive Software, Inc TTWO, a holding company behind popular game developers such as 2K Games, Rockstar Games, and Visual Concepts, as reported by the gaming sites Xfire and GameCentral. 

This speculation comes amid Microsoft MSFT's pending $69-billion acquisition of Activision Blizzard ATVI.

See also: Is Xbox Changing Its Tune On The Activision Merger? Find Out What Xbox's Head Phil Spencer Says

The Dynamics At Play: Despite the popularity of Take-Two's game titles, industry experts suggest that the company's value is not as high as some may believe. The company has a market cap of $19.06 billion.

Nevertheless, the company's value is expected to significantly increase with the release of the upcoming GTA 6, so it'd be wise for Sony to make a move before that.

Sony has been known to voice its opposition to large-scale mergers in the gaming industry, however, the potential threat posed by Microsoft's acquisition of Activision Blizzard may be too great for Sony to ignore.

Gamer Weighs In: According a GameCentral story posted on MSN, the M&A rumor came from gamer Rythian on Twitter, who wrote: "Have it on extremely good word that if Microsoft acquires Activision Blizzard, Sony is going after Take-Two Interactive to counter it. 3 of my trusted and almost always correct sources confirmed that to me."

Have it on extremely good word that if Microsoft acquires Activision Blizzard, Sony is going after Take-Two Interactive to counter it.

3 of my trusted and almost always correct sources confirmed that to me.

— Rythian (@LumberjackRy) February 27, 2023