{"id":145,"date":"2025-08-27T15:45:58","date_gmt":"2025-08-27T15:45:58","guid":{"rendered":"https:\/\/www.nintendolife.com\/news\/2020\/11\/take-two_might_be_gobbling_up_uk_veteran_codemasters"},"modified":"2025-08-27T15:45:58","modified_gmt":"2025-08-27T15:45:58","slug":"take-two-might-be-gobbling-up-uk-veteran-codemasters","status":"publish","type":"post","link":"https:\/\/arcader.org\/news\/take-two-might-be-gobbling-up-uk-veteran-codemasters\/","title":{"rendered":"Take-Two Might Be Gobbling Up UK Veteran Codemasters"},"content":{"rendered":"
\"Screenshot<\/a><\/figure>\n

Publishing giant Take-Two is in talks to purchase UK industry veteran Codemasters, it has been revealed.<\/p>\n

Codemasters \u2013 which began back in the ’80s and is famous for titles such as Micro Machines<\/strong>, Dizzy<\/strong>, DIRT<\/strong>, GRID<\/strong> and the ongoing official F1 video game series \u2013 has confirmed to its investors that discussions are ongoing.<\/p>\n

A non-binding offer is on the table which would buy the company for 485 pence per share; 120 pence of that total would be paid in cash, while the remainder would be made up of shares in Take-Two itself.<\/p>\n

Take-Two has issued the following statement on the proposed deal:<\/p>\n

\n

Take-Two believes that the combination of Take-Two and Codemasters would bring together two world-class interactive entertainment portfolios, with a highly complementary fit between Take-Two\u2019s 2K publishing label and Codemasters in the racing genre.<\/p>\n

In addition, Take-Two believes that it can bring benefits to Codemasters\u2019 performance by leveraging Take-Two\u2019s global distribution network and 2K\u2019s core operating expertise in publishing, including live operations, analytics, product development, and brand and performance marketing.<\/p>\n<\/blockquote>\n

<\/blockquote>\n

It is understood that Codemasters’ board of directors will recommend that the company accepts the deal, and Take-Two has until December 4th to make a binding offer. Codemasters is valued at \u00a3662.98 million; Take-Two\u2019s offer values it at \u00a3739.19 million.<\/p>\n

Codemasters hasn’t been all that active on Switch<\/a> \u2013 we’ve only seen GRID Autosport<\/strong><\/a> make the leap over to Nintendo’s console \u2013 but the company’s history with Nintendo systems is notable; legal action was famously (and unsuccessfully) taken against the company by Nintendo when it released its Game Genie “enhancement” device back in the early ’90s.<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Publishing giant Take-Two is in talks to purchase UK industry veteran Codemasters, it has been revealed. Codemasters \u2013 which began back in the ’80s and is famous for titles such as Micro Machines, Dizzy, DIRT, GRID and the ongoing official F1 video game series \u2013 has confirmed to its investors that discussions are ongoing. A non-binding offer is on the table which would buy the company for 485 pence per share; 120 pence of that total would be paid in cash, while the remainder would be made up of shares in Take-Two itself. Take-Two has issued the following statement on the proposed deal: Take-Two believes that the combination of Take-Two and Codemasters would bring together two world-class interactive entertainment portfolios, with a highly complementary fit…<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":1,"featured_media":146,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nintendo-life"],"yoast_head":"\nTake-Two Might Be Gobbling Up UK Veteran Codemasters | Arcader News<\/title>\n<meta name=\"description\" content=\"Publishing giant Take-Two is in talks to purchase UK industry veteran Codemasters, it has been revealed. 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