Take-Two Interactive announced plans to acquire Zynga in 2022, but Xbox boss Phil Spencer has revealed that Microsoft seriously considered buying the mobile game giant prior to that.

While Microsoft and Sony were duking it out to see who would be crowned console king, Take-Two Interactive (NASDAQ: TTWO) made a promising acquisition to expand its business and diversify earnings.

Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors. John Ballard owns Activision Blizzard, Microsoft, Take-Two Interactive, and Zynga.

Take-Two's deal to buy Zynga for $12.7 billion, which was proposed earlier this year, was the most expensive deal in the history of video games by a large margin until Microsoft--just days later ...

Investors understandably worry about having missed out on Take-Two Interactive (NASDAQ: TTWO) stock. The video game developer's shares have jumped over 50% in the past year, easily outperforming ...

After all, Microsoft has expressed a high-level interest in buying Nintendo, but that deal is far from a guarantee. Take-Two had $776 million in cash and equivalents on hand as of June 30.

SEATTLE — Microsoft plans to buy the powerhouse but troubled video game company Activision Blizzard for nearly $70 billion, ... Electronic Arts and Take-Two engaged in a bidding war over ...

While Take-Two is smaller and is more dependent on a few franchises, CEO Strauss Zelnick, who took over in 2011, is gradually turning Take-Two into a bigger and more profitable leader in the industry.

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