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Take 2 purchases Firaxis

by: Chuck - posted: 11/7/2005 7:55:00 PM
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In a "really not that surprising given their relationship" move, Take-Two Interactive has purchased Firaxis games (Civilization series, Sid Meir's Pirates and several others). Firaxis and 2K Games had already been working together on the marketing for Pirates and Civilization IV so this seems to be a natural consummation of that relationship.
New York, NY – November 7, 2005 – Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced the acquisition of Firaxis Games, one of the world’s premier game development studios. Firaxis Games joins the 2K Games publishing label of Take-Two Interactive.
 
Firaxis Games, home of industry icon Sid Meier, is known for developing award-winning, top-rated games with mass consumer appeal. Their popular gaming franchises include Sid Meier’s Pirates! and the blockbuster Civilization franchise. Firaxis has a proven track record of best-selling products that will complement 2K’s expanding portfolio of high-quality titles.
 
“Firaxis Games, founded and led by industry executive Jeff Briggs, and inspired by the genius of Sid Meier, is among the most innovative and successful development studios in the industry,” said Christoph Hartmann, Managing Director of 2K Games. "The Firaxis and 2K Games union is a strong fusion of creativity and vision that will continue to result in the development of innovative games with mass appeal.  We’re excited to welcome Jeff, Sid and the entire Firaxis team to the 2K family.”
 
“This is a tremendous opportunity for Firaxis,” said Jeff Briggs, Founder, President and CEO of Firaxis Games.  â€œ2K Games is an energetic label that shares our goals and vision for making great games that stand the test of time. We are pleased to be associated with the energy and commitment to quality work that 2K represents, and look forward to a great future together.”
 
"2K Games has already been a tremendous partner to Firaxis in the marketing and release of Sid Meier’s Pirates! and Sid Meier’s Civilization IV. We’re excited about all of the possibilities ahead of us as we work together to explore new ideas, new products and new consumer markets,” said industry legend Sid Meier, Director of Creative Development at Firaxis Games.